>How does that affect the executive making that decision, who is already wealthy

But your other comment[1] seems to suggest that executives love money and want to make more, so they would definitely be affected by that decision.

[1] https://news.ycombinator.com/item?id=26275488

>It's not like executives are ever punished for poorly running a company.

Their bonuses are linked to company performance, and they can be fired just like any other job.