The shareholders elect the BOD and they can remove them if they like. So in theory if you want to burn the house down then go after the shareholders too and the capitalistic society, but in my opinion that's another battle for another time.
In practice this is the reason why companies have CEOs. They are practically accountable for exactly the stuff like this, it's a well known part of their job description. That's the reason why I don't really consider him a scapegoat because, well, it's literally his job.
Question for you since you work in dev. How annoyed do you get when users confuse beta with prod?