Quote of the day: Leadership and CEO pay

Lars Sorensen of Novo Nordisk, a Norwegian pharmaceutical company, has been ranked the no.1 CEO of the year by HBR. He ranks somewhere at the bottom when it comes to CEO pay.

Here is what he has to say about the subject:

My pay is a reflection of our company's desire to have internal cohesion. When we make decisions, the employees should be part of the journey and should know they're not just filling my pockets. And even though I'm one of the lowest-paid people in your (HBR) whole cohort, I still earn more in a year than a blue-collar worker makes in his lifetime.

Food for thought for greedy CEOs in India and elsewhere.