The problem is how do you recognize a truly good CEO vs. a CEO that lowers costs and makes everybody happy.
Not necessary! Many CPU architectures and implementations were created by academic institutions, so nationalisation of this industry should be considered a possibility.
A lot of companies set a 4 year window for their CEOs. Funneling capital into research, displeases stock holders, as you show reduced earnings. Observe that markets care about steady earning growth; catching these things before they happen in general will not earn you points. That is a sad part of human psychology. Think as a metaphor that an average manager will ask how many bugs did this guy fix and not how many bugs and security issues did this guy caught or saved us from.
(See freaking Equifax -- https://www.marketwatch.com/investing/stock/efx -- they should have been out of business [my personal opinion]. Their stock price is fine. The only mistake of the CEO as far as SEC is concerned is he used inside information and sold.)
Infrastructure is normally patched and rebooted on a regular schedule, but when a bug like this hits and requires an off-cycle upgrade it's a big cost.