How can CEO pay increase “beyond market rates”? They get paid what they get paid and that is by definition market rates. The supply constraint is not due to r

How can CEO pay increase “beyond market rates”? They get paid what they get paid and that is by definition market rates. The supply constraint is not due to recruitment companies somehow cornering the CEO market - the very idea is absurd. It’s because large companies need someone with incredibly deep and broad experience to do a job that has a 50/50 chance of going well, a 100% chance of being blamed when things go wrong, a 1% of getting due credit when it’s due, and a 100% chance of copping flak from legions of armchair critics like you.