Original sentence: For example a highly paid CEO would get 1 million in cash, and 10 million in shares of the company.Forbes magazine counted the 500 CEOs compensation to $3.3 billion during 2003 (which makes $6.6 million a piece).Many people believe that CEOs are paid too much for the services they provide, while others believe that a good CEO can have a positive effect on the company's performance and, therefore, that high compensation is needed to attract the best talent.Some argue that since the CEO's pay is set by the board of directors, a group usually composed almost entirely of CEOs of other companies, an unhealthy conflict of interest occurs and prevents effective price competition (see ).There are many controversies about executive compensation:
Edited sentence: For example a highly paid CEO would get 1 million cash, and 10 million in shares of the company.Forbes magazine count the 500 CEOs compensation to $3.3 billion during 2003 (which makes $6.6 million a piece).Many people believe CEO's are paid too much.Others counter that this is necessary to retain the best talent.There are many contraversies in the field of executive compensation:.This argument however is countered by those who say that true price competition does not occour at the CEO level, because their pay is set by the board of directors-a group usually almost totally composed of CEO's of other companies (see )