First and foremost… WHAT THE FUCK is that word in bold?
Second, SOME companies are owned by shareholders, some are privately owned. The shareholders are the ones who elect board members who are the ones who decide on CEO, CFO, etc… It’s not uncommon for the CEO to be one the board as well as a shareholder. Each tiny shareholder doesn’t have a say realistically. Usually, it is set up as a vote by proxy where one person can represent them in the case of voting. The shareholders do not decide who gets paid how much and such. The board does.