CEO's get paid too much. Lets cut Company executives salaries by tying their pay to their company's corporate tax rate

Company CEO's and Executive pay is out of line with the rest of the work force. My solution is to make Executive pay package commensurate to the corporate tax rate.
Example lets say a large company agrees to cut executive's benefits to less then $1 million per year, (averaged over 5 years so they can't cheat). Then the corporate tax rate is reduced to a lower rate.
If the company has enough money to pay the current outlandish benefits to it's Executives then the company has enough money to pay higher corporate tax rates.