So if there are CEOs who aren’t related to the board of directors, would that overturn your theory?
No, they would need to not be related to anyone with influence in the company for starters
So what do you mean by “nepo baby” then? Because nepotism is the practice of hiring family.
It’s not limited to relatives only, it could also be a friend or a friend’s friend. Rich ppl know each other, as someone once said "it’s a small world and you’re not in it.