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Changing a CEO doesn't mean you get fired. Sometimes it just makes sense to let somebody more experience drive the company. Good CEOs are very very expensive.

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But let's say that you created a company from the ground up: 0 customers to 1000 customers in 18 months. Assuming those are good numbers, is it fair for the board to remove you? By adding a new CEO, could they clash with the culture and hurt sales? IMHO, adding a new CEO is like trying to predict the future. Nothing is guaranteed. If it ain't broke don't fix it.

If you don't own more than 50% of the stock, and don't control the board, it means you voluntarily sold a large share of your stock to the investors. So it's completely fair if they don't like your performance and want to remove you - they paid for that right with their money.

Unless you sold 100% of your stock, you can't be completely "fired", you still own a piece of the company and can vote.

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