Editorial: Strengthen ‘say on pay’ to rein in executive salaries

Culture wars continue to polarize U.S. politics, but Americans on both sides of the cultural divide should agree that the growing gap between the richest Americans and average folks undermines democracy. The average compensation for a CEO at the country’s largest companies hit $20 million this year, up 31% since 2020. That’s 275 to 350 times the wages of median workers.