Right but this makes no sense except as some weird punishment thing. Like it seems it would be the same to you if they still fired all 250 employees but
also cut the CEOs salary as a slap on the wrist.
Like this stance is crazy if you apply it to anyone but the CEO. Can you imagine if you got punished for writing bad code or not making a project deadline by having your salary cut?
Regardless of whether you think she's doing a good job as the CEO, she's still doing her job and deserves to be paid. Your just asking for CEOs to be company whipping boys.