On average, I don't know, but I certainly think in some instances, the answer is yes, e.g. if I was Apple's board, I would have been happy to overpay Steve Jobs and Tim Cook relative to an average CEO.
Considering Tim Cook's total compensation is about half what Pat Gelsinger's is as Intel CEO, perhaps increasing the compensation will not result in improved performance? I.e., if Cook really cared deeply about being more obscenely rich than he already is, he could have quit Apple and taken his pick of some other, higher-paying CEO position.
At some level of compensation, the only people motivated to pursue it are sociopaths. Are these the people you want running your company?
At some level of compensation, the only people motivated to pursue it are sociopaths. Are these the people you want running your company?