She was brought in to salvage the situation. By allowing those shares to accrue and not doing anything stupid at the wheel, she did her job. Whether or not it'

She was brought in to salvage the situation. By allowing those shares to accrue and not doing anything stupid at the wheel, she did her job. Whether or not it's fair or worth her comp, is irrelevant. The shareholders valued her work at a set amount and that's what she was paid. Unless you're taking an economic stance on the issue, wherein you believe shareholders are messing up future incentives and economic prosperity by recognizing and rewarding CEO's that do the bare minimum of "just don't fuck it up," or something similar, this debate is impractical.