RE:The CEO must reduce his salaryThe CEO does not set the price of shares as they trade on the market, if he did they would be much higher than current prices.
If you comment is driven by the low SP then give some thought to the highs. If the SP went back up to $25 would you be on this forum lamenting that the CEO should get 2x 3x 4x his current salary ?
The CEO has his salary and he gets shares awarded. Those shares are not worth much unless the market starts pricing them higher. As the SP changes the value of the CEO's investment either increases or decreases, just like everyone else's.