That's obviously a load of bollocks.
After all, if we don't keep shovelling money that they literally cannot spend into the pockets of people who already have more money than they can count, however is it supposed to trickle down? They're Job Creators, don't you know!
And let's face it, who doesn't know a CEO who's worth an easy 500 times what a regular employee earns?
[serious face]Given that the average CEO/board member (of, say, a tinpot outfit like HP) could probably be profitably replaced by a cheap computer that randomly says "yes" or "no" to questions asked of it, executive reimbursement has gotten completely out of hand. Yes, there are bona fide geniuses like Tim Cook, but given the shitty state of the US and UK economies, I'd say that they're in a tiny minority, and the majority of corporate executives are massive fuckwits who have got where they are due to expensive educations (and, as George Osbourne (UK Chancellor of the Exchequer) proves, having the most expensive education there is (Eton->Oxford) does not preclude you from being thick as fucking mince) and nepotism. I'd have no problem with executive reimbursement at current levels if it was a true meritocracy.[/serious face]