> CEOs are also Fall Guys. A fall guy is the person who takes the blame when the whole thing falls apart.

Do you have an example of this? The usual criticism of CEOs is based on the exact opposite; that we are the fall guys, and that CEOs usually profit (and are rarely punished for) their own failed decisions.

Looking back at all the companies I've worked for, I can't think of one time a CEO actually suffered blowback for serious mistakes. The closest would be Steve Jobs having been let go from Apple, but that was in 1985 and he wasn't even the CEO back then.