Companies who employ the CEOs believe they are worth it. It is called capitalism. Why are you worried about like 20k people in a country of 330mil?No, it isn't.
From 1978 to 2018, CEO compensation grew by 1,007.5% (940.3% under the options-realized measure), far outstripping S&P stock market growth (706.7%) and the wage growth of very high earners (339.2%). In contrast, wages for the typical worker grew by just 11.9%.