Ive always wondered why executives get such generous compensation packages. Are most people unwilling to take these roles at "pretty damn good" incentives packa

Ive always wondered why executives get such generous compensation packages. Are most people unwilling to take these roles at "pretty damn good" incentives packages, so companies are forced to give "crazy lucrative" incentive packages? Are there really VPs that would pass up a CEO position if it didn't come with a 25 million golden parachute clause? If it was only 5 million, they walk?