[Susan notes: The Wall Street Journal prints a letter stating 'There is simply no way to measure the value of one CEO over another.' What are the chances they'd ever say that about teacher value?]
To the editor
The argument in In Defense of the CEO by Ray Fisman and Tim Sullivan (Review, Jan. 12) makes sense in that if CEOs are responsible for bringing in billions of dollars, they are more than entitled to their multimillion-dollar salaries. This is the same argument that justifies the salaries paid to professional athletes--they get what they bring in. However, unlike athletes and even other employees within a corporation, it is almost impossible to determine the "value" of a CEO.
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