> can form a majority and remove the entire C suite. Having this power doesn't give them any authority over strategy, it just means that with proper paperwork

> can form a majority and remove the entire C suite. Having this power doesn't give them any authority over strategy, it just means that with proper paperwork they can remove someone. But boards don't put someone in the pilot seat unless they expect them to fly. CEO's are given a considerable amount of latitude (remember Adam Neumann?).