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Re:CEOs are hugely expensive – why not automate them? by tonyedgecombe on Monday April 26, 2021 @04:56PM (#26948019)
They're paid for the long-term, strategic value the owners think they might provide the company in comparison to other candidates.

Mostly I think they are paid according to a compensation committee made up of board members and other executives. It's not a surprise that these people have voted for huge wage rises for each other.

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