>"Mr. Musk threatened to resign on the spot if the board insisted that he and the company enter into the settlement. Not only that, he demanded the board public

>"Mr. Musk threatened to resign on the spot if the board insisted that he and the company enter into the settlement. Not only that, he demanded the board publicly extol his integrity." This sounds as though the board is there to serve CEO. Isn't the purpose of the board to make sure the CEO is accountable to shareholders? Is the board just there to satisfy regulatory compliance? What am I missing?