That should only affect Super-Exec's base pay if they can prove up front that choosing them can be expected to increase profits by 10%. Otherwise the "10% of profits" expected value figure needs to be diminished according to uncertainty -- which will send it straight back down out of the stratosphere. Yet that doesn't happen. Which suggests a different game is being played.
When a company increases in value by tens of billions and then the CEO takes home hundreds of millions, it seems like there could still be a big discount happening.