The data[0] show that there is an inverse correlation between performance and CEO compensation, so I'm not sure how you come to "that is what the job is worth".

The data[0] show that there is an inverse correlation between performance and CEO compensation, so I'm not sure how you come to "that is what the job is worth". Let's not pretend that the CEO market is some idealistic pure marketplace. In reality it's a good ole boys club between boards and top execs. I would wager that limiting CEO pay would have no negative effect on the supply of candidates.