If I had to speculate and it is speculation without any basis, purely an opinion, I suspect the response to your more than reasonable suggestions would be:
1. Independent Chair. (A Chairman worth hiring does not come cheap so where do you think they are going to get the money?) 2.New CEO that is trusted and liked by market (probably agreeable, can you suggest one who is Industry qualified and is willing to except $235k pa?)
3. lifestyle loans repaid and offset against debt. (Perhaps they are not loans but historical compensation and are structured purely to minimize or even defer taxes, do you think that's a possibility in the US of A?)
Maybe you or some other holder can email the company and make the those suggestions, be interesting to see if you get a response and if so the content
None of the above are statements of fact and as always DYOR.