Comment by bigstrat2003

> I keep seeing this line as if people think CEOs shouldn't exist or aren't worth their compensation.

Yes indeed. There is no CEO in existence worth 30 of the employees that work under them. It's certainly true that good and bad CEOs exist, and that a good CEO can be a force multiplier that deserves higher compensation. But 30x (and often more!!) is an insane overinflated view of CEOs' worth to the company. The only reason they get away with it is that they are hired by the board of directors, which is.. other CEOs. So a good old boys' club is keeping salaries high completely divorced from any actual value provided.