I think what we need is for investors to start lawsuits against the boards of these corporations.

A shareholder should be able to get a lot better return on investment by the company investing in new products, or the company, or acquisitions. Giving gigantic payouts to small groups of individuals cannot be a good return on value no matter what those individuals do.

Don't forget he's the CEO but all the other C-levels and board members are probably getting millions of dollars as well.