Time for investor action. See story attached where Ben Stevens, UK Exec for huge corp BAT (tobacco co, market cap of 90 billion pounds) had to accept reduced comp of 831k pounds or, at the time( about $1.5 million). That's small potatoes compared to many top Canadian execs. 
I actually met this guy through his niece. A smart, easygoing and very direct guy who loves sports cars but drove an older Volvo.
http://www.telegraph.co.uk/business/2016/03/19/bat-backs-down-over-chiefs-pay/