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Comment on Fox News sharing billionaire propaganda

anon_8675309@lemmy.world ⁨1⁩ ⁨hour⁩ ago

He’s the executive chairman and largest shareholder.

Amazon still does what he wants. He just doesn’t have to deal with day to day.

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antianarchist@sopuli.xyz ⁨1⁩ ⁨hour⁩ ago
Jeff Bezos has roughly 884 million shares. The Top 10 shareholders range from 31-192 billion shares.

Jeff Bezos is the Executive Chair of the Board. The board has no executive power over a corporation. The CEO is the executing position. If the CEO.

The board of directors consists of 7 people in total.

This makes me believe he has way less power over such decisions compared to when he was CEO.
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- anon_8675309@lemmy.world ⁨19⁩ ⁨minutes⁩ ago
  Who does the CEO report to?
  
  The board.
  
  Bezos.
  
  Bezos has tremendous sway.
  
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- valar@lemmy.ca ⁨53⁩ ⁨minutes⁩ ago
  Doesn’t the board pick the CEO?
  
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