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Welcome to capitalism. This is a system that is much touted in the United States and other western countries and under this system a company is theoretically paid what their services or products are worth. The reality is that they actually get what people are willing to pay for it, which is a subtle but important difference. This guy, as head of the company, makes an amount of money proportionate to the welfare of the company (although the number now is much more directly tied to the company's well-being than previously) and makes, surprise, what the people who handle the decisions (ie shareholders and/or the board of directors) are willing to pay him. It's not obscene or absurd or anything else, it's simply how the system works. If you want an alternative, I hear China thinks they've got a better way worked out, although asking the average chinese commonor might not immediately reveal that sentiment.
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I wake up in the morning more tired than before I slept
I get through cryin' and I'm sadder than before I wept
I get through thinkin' now, and the thoughts have left my head
I get through speakin' and I can't remember, not a word that I said
- Ben Harper, Show Me A Little Shame
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