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Actually, the board of directors hires the CEO, the CEO reports to the board, and the employees report to the CEO. The CEO can only be said to 'work for the fo
by gyardley 16y ago
Actually, the board of directors hires the CEO, the CEO reports to the board, and the employees report to the CEO.
The CEO can only be said to 'work for the founders' if the founders control the board. If the founders lose control of the board, then founder status itself means nothing.