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0 pointsdbdr28d ago0 comments

> Someone in power doesn’t get to choose - the board of directors do

Since the board of directors can decide to replace the CEO, it's not the CEO who holds the (ultimate) power, it's the board of directors.

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jsjohnst28d ago

Since the majority shareholder(s) can decide to replace the board of directors, it’s not the board of directors who holds the (ultimate) power, it’s the majority shareholder(s).

dbdrOP27d ago

Indeed, and there we reached the end of the chain.

j / k navigate · click thread line to collapse

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jsjohnst28d ago

Since the majority shareholder(s) can decide to replace the board of directors, it’s not the board of directors who holds the (ultimate) power, it’s the majority shareholder(s).

dbdrOP27d ago

Indeed, and there we reached the end of the chain.

j / k navigate · click thread line to collapse