Hello Timothy
As we enter the season of annual performance reviews your comment is timely.
The only point I would add to it is that CEO compensation can/should be controlled by shareholders.
To the extent that shareholders do not exercise this right it is difficult to lay blame on the CEO.
Not all CEOs are bad eggs, by and large they are well compensated for the work they do, the responsibility they bear, and the flak they take.
Their compensation should be commensurate with the value they add to shareholders - if this is one million or one billion so be it - but the shareholders should decide.
Have a nice weekend
Savio