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Masayoshi SonRejected governance reforms from Elliott Management, compared himself to 'Napoleon or Genghis Khan' and said 'I am not a CEO'

In 2019, activist investor Elliott Management built a 3% stake in SoftBank and demanded governance reforms, citing that the company was trading 50% below fair value due to poor governance - a tame board, overcomplicated corporate structure, and lack of transparency. Masayoshi Son rejected the reforms and compared himself to historical conquerors: 'Napoleon or Genghis Khan or Emperor Qin [builder of the Great Wall of China]. I am not a CEO.' This response highlighted Son's autocratic leadership style and resistance to corporate accountability.