This also exists in the broader context of tremendous growth in CEO pay over recent decades. There are widespread claims that executive pay is inflated. In one sentence:
> Importantly, rising CEO pay does not reflect rising value of skills, but rather CEOs’ use of their power to set their own pay.
> Importantly, rising CEO pay does not reflect rising value of skills, but rather CEOs’ use of their power to set their own pay.
Source: https://www.epi.org/publication/ceo-compensation-2018/
I find these arguments persuasive.