the supply of prospective management people definitely has kept up. there are literally tens of thousands of MBAs graduating every year, to say nothing of manag

the supply of prospective management people definitely has kept up. there are literally tens of thousands of MBAs graduating every year, to say nothing of managers at existing F500 companies. there are only so many large companies, and thus so many CEOs. look at tiny barely profitable companies, the gap between median wage and CEO is sometimes less than 2X. all these takes on CEO pay when the reality is simple - CEOs are paid a lot because they the cost of being wrong is more than their pay. this results in companies that have a lot of money competing, driving up the price. the end. it's the same reason lebron james is paid 10X more than NBA average.