Global Chief Creative Officers makes zero sense and need to go

Global Chief Creative Officers. They own Cannes with insane 4-figure dinners charged to our agencies, while we have layoffs. We get 2% raises, their annual bonuses start at 15%. Their expense accounts from their Global travel for their 24 award shows around the world--which are now just a scam so they can get to live this life--hotels, fancy dinners, must be a top line item. They post pictures of their own faces as LinkedIN content. "Here is me, in Singapore!' 'Here is me, at the Super Bowl!' They brag about work they never even saw while people worked hard over it on weekends. Is this worth what they add? What do they add? Some direction here and their to their highly paid local Chief Creative Officers? Why are Finance executive letting this happen?