You said:

" The CEO delegates the work and expects it to be done. His only responsibility is to increase shareholder value anything else should be on his own time. "

What work is being referred to?  You have indicated an opposition to mergers and acquisitions, but want the CEO to increase shareholder value.  Is he supposed to be inventing that "little red button"?

Anything else he does is supposed to be done on his own time?  What's the "anything else" he's doing that is annoying?