Comment by tester756
But why are you caring about how much private companies pay to their CEOs?
But why are you caring about how much private companies pay to their CEOs?
Because in some companies the CEO compensation is a significant portion of the expenses so obviously cutting it would free up cashflow to do other things - but also on a simple human level hearing about yet another CEO getting tens or hundreds of millions in compensation while they announce how sad they are they have to let go 10% of their workforce is just simply gross. I think even in private companies you are allowed to care when this happens, and voice your displeasure with this clearly visible idiocy of the situation.
Massive wealth inequality is a societal problem.