She also received $20M in stock, and $4.
5M in cash as a sign on bonus, as well as free use of a private jet and a yearly salary of $1.5M. CEOs deserve competitive compensation, it isn't an easy job, but that's enough to hire 163 pharmacists at an average of 150k/yr.
Really what we need to be focusing on is the profit of the company. If the CEO makes $1.5M, sure that sucks but redirecting that to all the pharmacy staff (guessing 27K people) would net them only $55/year extra. Instead, what are their profits as that should be better distributed among the employees.
No one should be earning that much money period anyway. It's excess while those below you suffer. I'm sure their board members make a nice sum too that is beyond excess of what anyone needs too. Max wages for the top and living wages for the bottom that make sense shouldn't be that hard. Everyone should make enough to live and punish those at the top for pushing these conditions with skeleton crews.
How is it not insane? It's not like they're personally overseeing all those stores. And it sounds like they're running the company into the ground. I'd take that job for a lot less money and probably be better at it.
I will do it for half of that. And given that CEO actions and corporation performance shows evidence of being independent of each other I will do as well as he does. You can use half of my salary to pay for more pharmacists.