These are rich people hiring rich kids exactly to extract as much money as they can from the companies. A huge salary or bonus is the best way to do that regard

These are rich people hiring rich kids exactly to extract as much money as they can from the companies. A huge salary or bonus is the best way to do that regardless of company performance in the long term. Take a look at this: https://www.theyrule.net/ https://www.theyrule.net/ These CEOs are sons, brother in laws, cousins, friends, etc. from the same group of people that populate the boards. The corruption at the top is absolutely blatant and that's where huge chunks of money generated from the folks that actually do the work ends up. There are even studies on companies that self-organize without CEOs being more efficient than "regular" companies. The sad truth is that having a dictator at the top of every company is not as good as people make it out to be. You may get a good dictator, but it's way more likely you don't.