alt Hacker News> The board members weren't "his bosses", he's "the boss" and the board serves as his pleasure
Both are true. The board as a whole is his boss in his role as CEO. He is the board's boss in his role as majority shareholder. That makes the situation a little less clear.
The role as a majority shareholder wins, and only courts can decide that that's not the case and declare the CEO to be unfti.