Lets go much further, lets multiply this by 10 to account for top 5000 companies (in practice it would be more like top 20,000 because the lower companies have much lower CEO salaries).
There are around 300 million people in USA. By redistributing the 100% CEO salary you can give around $900 per year to every single person. All this for $900? Which does not even account for income tax paid by CEO's. Edit: after accounting for income tax it is more like $600
So all you have achieved by completely eradicating C suite salary for top 20,000 companies in the USA is around ~$900~ $600 for each individual per year.
I'm increasingly convinced that CEO pay is the wrong place to look at for any impact at all.
Edit: there's more to this if you account for spending patterns.
Even if you give $500 to every citizen, that does not mean affordability will increase because inflation can increase proportionally. This is because even with increased money, each citizen is buying goods amongst the same quantity of goods as before.
For example we can take potatoes: do you think citizens can afford potatoes even more now? No, because the number of potatoes have remained the same. Taking away CEO salary does not mean potato stock would increase because CEO's are not hoarding up potatoes.
Heck annual social security average is 24k a year, so you are talking about nearly 4% more money for just those people alone.
So you decide: 20,000 companies running with a CEO being paid like an average person. And every citizen gets $500 in their account per year.
Edit: its not just a CEO but the C suite. 20,000 running without a C suite.
Just dont discount what several hundred bucks means to way too many people in such a prosperous country.