I don't care how bang up a job a CEO does. Making 5 million per year is just bullcrap. When did it become fashionable to pay a CEO a hundred or a thousand times more than your line employees?
What has happened is that management has siphoned profit out of a company for their own gain and have not allowed the line employee the chance to participate in the company's success. Industry after industry have seen this scenario play out. At some point there will be no one left to support all those service jobs that remain in our "first world" countries. We all can't work at Starbucks.