All Board of Directors anywhere in the world would fire any CEO who directed 50%-100% growth with no share issuance, when they knew he could get 300% with 10% or 15% more shares issued. That simple; not debatable.
Shareholders own the company, but they don't control it. They are more like voters who elect leaders to represent them. By buying shares we've endorsed the vision and execution of the leader. In this case he's been quite straightforward about his plans and how he will take the company there. And he has followed through.
You don't have to like everything about the plan.
If there's a conflict between short term share price and long term financial health, it's the CEO's obligation to act in favor of the later. In a more rational world, if he does that well, the conflict should not arise.