CEO jobs & their excessive remuneration need to be monitored by shareholders. It is their money being paid to them, and so they ought decide.
At the moment CEO's charges on the assets of corporations they administer are not a fraction of what the ASSET MANAGERS skim off your super, savings & investments. Irrespective of gain or loss.
There are enough parallels between the two (CEO's & Asset Managers) that they need be combed, largely by the same fine toothed comb.
Shareholders are (occasionally) voting on this. There is some traction here... watch this space. Especially as the largest investors in Australia are the union's supers, who have actively vetted or approved appointments & salaries. (Mates rates s.i.g.)
