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Is there any company set up so that the CEO's whim isn't a single point of failure?

Arguably the old fashioned ones where the CEO doesn’t have special shares that give them a voting supermajority?

Most large companies have the CEO answerable to a board elected by shareholders. CEO still has a lot of power but there are some checks and balances.

Zuck and Musk are somewhat exceptional in being dictator-CEOs.