It's the Disney machine that really generates the windfall. Sure Iger steers the ship, keeps it from hitting the rocks, so it's worth compensating him highly. I just think some nuance is there.
Is there any books about ceos that came up with ingenious ideas to steer the company into profit that you would recommend? I’m interested in what a CEO does that makes his/her so many times more worth than your average man. Not being sarcastic just want to gain those skills.
I don't know either, but they seem to be Attorneys so they can navigate complex laws, or Engineers (Alan Mulally). They also seem to be well connected. What makes them compensated so highly is the large risk they manage, they are expected to meet shareholder demands. That said, some of it certainly feels excessive.
its interesting that they almost never have a large part of their salary connected to bonuses like salespeople do. They take risks for others and it’s an important job. But I do think it has more to do with culture.