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I doubt he even has that ability
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Practically, who can say no that can't be overruled?
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Ability, not authority --
Partly because, in general, how things get done in the world is not CEOs micromanaging the process. The scale is too large for that. It won't work.
This is not an exact analogy, but if I'm a CEO and I walk down to shipping and I say, "Give me the bills of lading and list of trucks and I'll tell them where to go," I will actually fuck up the logistics department for weeks; and some of those trucks won't arrive, or won't be handled correctly for a while. Because I don't have 20 years of experience in shipping. Like, I just sent the refrigerator trucks north and the shipments sent south will spoil.