HappySqurriel on 29 April 2012
I don't have a problem with CEOs earning any amount as long as it is based on performance ...
If I was in charge of executive pay, I would give them a modest salary ($100,000 to $250,000 per year) with a substantial options package ($1,000,000 worth in shares to buy at current market value that mature in 5 years). Their earnings are (essentially) unbounded, if they're decent managers they will gain between $250,000 and $500,000 from their options, but if they do poorly they only get their base salary.
