Satoru Iwata took a large pay cut when Nintendo was in a downturn in 2014ish
Also, Japanese execs are paid substantially less than their US/UK counterparts.
I doubt that it has happened in quite a while, but there have been CEOs that have committed suicide, when their companies failed.
Doubt that will catch on, in the US.
A lot of the nice stuff that musicians and actors have, is actually owned by the company.
Gilded cage, so to speak.