I get that consistency and great executives are good for the company, but it's not good for moral to give the CEO a raise the size of an entry-level engineer's salary
Morale? They just have to check the stock price, if they need a morale boost. I'm pretty sure all their engineers have stock options, nearly all of which should be
above water.
I'm just as concerned about executive compensation as anyone, but I think she's unquestionably
earned a bonus and companies typically have executive compensation committees to make sure their compensation packages and awards are in line with current practices.
I'd suggest reserving your outrage for the execs that resign in disgrace, yet still get big payouts, thanks to their golden parachutes (I seem to recall this happened after the Equifax data breach, or something like that). Or CEOs that get bonuses for cutting costs by initiating massive layoffs and off-shoring efforts.
bonus big enough to pay the salaries of over 150 senior engineers.
Except it doesn't work like that. The shares & options vest over a 5-year period. I think the value is projected based on the current share price, but it might be lower.
If they were to
actually hire those engineers, they would incur those costs annually. Also, your estimate doesn't seem to cover various overheads.
I know other companies are worse at this but it's still disheartening for everybody else in the company.
What would be far
more disheartening would be to lose competent executives, especially in light of the previous clowns who helped dig such a hole for AMD that they've been struggling to get out of.