I agree with the sentiment, but it’s worth noting that the current excesses of CEO compensation through stock incentives are a response to a poorly implemented attempt to curb high CEO salaries.
We do need to reign in CEO compensation, but directly going after wages made the problem worse. I don’t see the article addressing this, but a Clinton-era policy aimed to curb excessive CEO wages. IIRC the ratio of CEO pay to lowest paid worker within the same company was as bad as 30:1 at the time, but has since ballooned to hundreds: 1.
Maybe something as simple as capping stock incentives at N% of total compensation could work. But we’d need to make sure we’re not just encouraging a new way to skirt around the legislation like last time.
This might be even more important.