And as the CEO he's one of the few people who can reasonably make the claim that he's instrumental in creating the money-making system that is Google. We can argue about whether or not that perception is accurate in his case, but CEO pay being totally out of line with most employee compensation is based on the idea that I'm talking about: the system makes money, employees contribute to the system, and the more systemic your role is the greater your contribution to the system.
