The Fallacy of Executive Compensation

This chapter critiques the executive compensation system, recounting the author's transition from a corporate leader to a critical analyst. It highlights the exponential growth of CEO pay compared to average worker salaries and discusses the detrimental effects of benchmarking practices and the prioritization of shareholder value. Through research and analysis, the author calls for a reevaluation of compensation structures to align executive pay with genuine performance and long-term corporate sustainability.