Some CEOs are worth big $.
But the current system pays the worthless CEO who drives a decent company into the ground (esp. if he does it one great quarter at a time) the same tens or hundreds of millions as it pays a dedicated genius who pulls a dying company from its death spiral into thriving profitability. Actually, I suspect the good ones make less than the looters. And even that dedicated genius - can't she get by on $10M or so per year? Does anybody really work harder for the second hundred mill? Is there an effective market where the best CEOs go to the highest bidder? I don't see it.