Yes, let us point out the side business of the checks notes CEO of AWS and now CEO of Amazon. This would be like a Tesla employee suggesting they can do something because Elon does.
I mean, it's not unreasonable. If employees can't do it, why can Andy?
Corporate executives are often not legally "employees", but have a contract with the company. This seemed to be the case with Nelson too (he had a contract).
That is not true. All executives are standard, W2 employees. They may have special employment contract provisions, but irs rules would not allow the executive of a company to be a contractor.