As Steve Jobs proved, the CEO can make decisions that transform a company from near bankruptcy to the biggest market cap in the world. It's hard to get more productive than that, and would be foolish to begrudge Jobs a penny of his compensation.
He earned it many, many times over.
CEO decisions have enormous leverage over a company's fortunes, both good and bad. CEO pay is the least of those concerns. It's not hitting the pipe with a hammer, it's knowing where to hit the pipe.
He earned it many, many times over.
CEO decisions have enormous leverage over a company's fortunes, both good and bad. CEO pay is the least of those concerns. It's not hitting the pipe with a hammer, it's knowing where to hit the pipe.