That was exactly how it was before. The whole equity compensation was the answer to the problem of CEOs that never grew the company. That was why all the levera

That was exactly how it was before. The whole equity compensation was the answer to the problem of CEOs that never grew the company. That was why all the leveraged buyouts happened in the 80s and 90s. They didn’t want CEOs who just stayed around collecting a fat paycheck so instead they gave them equity to compel them to grow the company. Rarely is there a single solution that completely solves a problem for good. Solutions often create problems of their own. People have to decide what problems they would rather have.