this is nonsense. Most CEOs (and wealthy people in general) and medium-to-large companies engage in a lot of political activism, and always have. Lobbyists don't pay themselves, after all. We just don't call it 'activism' when it's in support of corporate interests (even when those corporate interests have social impacts) for some silly reason.
It only gets called activism when it scares someone with power.
It only gets called activism when it scares someone with power.