The elevation of CSuite as magical makers of wealth, when most of that value is created by the organization, needs to stop. Good leadership is important, but CEO comp is completely atrocious and unsustainable. Especially if the alternative is to lay off a ton of employees just to maintain operations.

We can see it right here how it’s killing a value generation vehicle. The CEO won’t accept a pay cut, but is willing to shut down entire product lines. A similar story has played out across America.