They can work their way up, they can achieve all sorts of levels of influence within the company. They can join the board.
They could also start their own business and run it EXACTLY as you claim to want. You, right now, can start a business and make it function just how dream it should be. You are free to do this under our current system. How is this insufficient? You can't compete with it because it will be inefficient, but by all means, knock yourself out.
Maybe it's not important as long as the company is profiting, who cares? Maybe they had eggs for lunch. What business is it of yours?The board doesn't care how much the CEO makes, as long as they get their dividends. They don't care if he makes over 2000 times more than his employees.