The ‘Celebrity’ of CEO Salary
CEO pay is an emotional issue with some, but it as a business performance issue it may be beside the point. Simply said, reducing chief executive pay, while a nice symbolic gesture, is not going to materially improve profitability. Symbolism won’t pay shareholder dividends, won’t drive revenue and won’t better the bottom line. One expert suggests that more attention and energy should go into investigating supplier “salary” rather than CEO remuneration.