Overpaying the boss hurts morale for rest of the team

The investor revolt over the chief executive’s pay at BAE Systems is a strong sign of mismanagement (Report, April 23). In any company, if the chief executive gets a salary several times larger than that of the chief financial officer, you can be sure that the company is badly managed.

You can read my full article in the Financial Times: https://www.ft.com/content/f638bb0a-1f30-4ccd-82b0-1ba64d87d01e