I also disagree on such high CEO salaries. You see many of the managers these days making short term decisions as they have a short term tenure in an organisation. One of my senior managers once said when asked what the vision for the organisation was replied a renewal of their two year contract in six months time. So you can really appreciate the value of long-term decision making and the protection of the brand with this attitude. Short term profit often leads to long term suffering.
I remember a certain person now running a very large airport somewhere in NSW running the bus network in Canberra. Politicians thought he was perfect as he reduced operating costs (personnel, overhead, maintenance, etc). A year or two after he left the system was in chaos with broken buses, poor quality staff and zero morale. It took years and considerable capital to fix the problem. Pleased I didn't have to rely on the system when I lived there.