No, but a CEO can slash his own pay to reflect the current situation. For example, when the WiiU was a flop, Nintendo's CEO personally decided to take a paycut

No, but a CEO can slash his own pay to reflect the current situation. For example, when the WiiU was a flop, Nintendo's CEO personally decided to take a paycut of about 50%[0] I believe this should be the standard for any CEO who wants to say they take accountability. [0] https://www.bbc.com/news/business-25941070 https://www.bbc.com/news/business-25941070