The ceo likely has more voting shares alone. The issue for a cashflow negative business is attracting new money.
It is exceedingly rare that voting shares play a role in any of these decisions. When you need cash to pay salaries, the decision lies in the hand of the stakeholder with the cash, not the shares.
Like I said, if the business is cashflow negative the issue is attracting new money.
I think you’re going a little far with absolutes on your reply but it’s not really relevant anyway.