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defrost an hour ago

There are many reasons to deny a CEO ... in a good company structure such denials are circled back around to the board for review.

Case in point: Allowing a CEO with no flight training to "have the keys" to the company <rare, expensive, uniquely outfitted, airframe> because they want to take it for a spin.

Sheparding Royalty in Monarchies has been a neccessary, delicate, loaded, and life threatening role for centuries.

Being a C-suite Groom of the Stool isn't a happy job, but somebody has to do it.

kulahan 44 minutes ago | parent [-]

I guess, but it’s his plane in a sense. If he wants to fly it and destroy the company, it’s his call. You just give the advice.

To be clear, I’m referring much more to CEO/owners - maybe more like Zuck than Bezos

defrost 39 minutes ago | parent [-]

No, it isn't - it's an asset owned by the company and shareholders - a CEO is an appointed or elected officer.

> To be clear, I’m referring much more to CEO/owners

Owners are what you are talking about. CEO / Owners are Owners and can act like owners.

That said, even owners need to be herded like cats when they are making bad decisions that impact tens of thousands of people on the basis of hubris and feels.

Somebody has to toss them shiny keys until the moment passes and they can make rational choices again.