[Jommi]

Please search Google salaries on papers regarding executive compensation. The pay they are receiving is usually economically sound and integral for the whole system working.

It's very hard defend the argument "CEO pay represents a huge surplus".

How much value does that CEO being by his skills/decisions? Why would he be hired with the salary he receives (that he does not get to decide) if he didn't create more value than what he costs? It's just like any other employee, except a more competitive space and where decisions have larger profit effects.