Yes - I think that's very true. Fundamentally, CEOs serve one group and that's the shareholders/investors in a company. They attract high salaries because there's a lot of competition for the best 'talent' in the executive world. You could argue they are not worth the millions spent on them - as doubling their pay doesn't double their productivity - and that may well be correct, but in a competitive marketplace, not having a top CEO could lead a company to fall behind the competition and in the worst case could lead to the company failing. Look at the failure of Intel with respect to AMD... Dr. Lisa Su deserves every penny thrown at her, she clearly understands the marketplace, product and customer very very well and has led her team to great success. On the other hand, Elon Musk... He's done well with Tesla (despite recent efforts) but clearly is not the right person to lead Twitter.