CEOs benefit from exploited labor? [View all]

Hi guys, new to the forum and relatively new to progressive politics too. I was having a hard core debate with a libertarian friend of mine and he replied to my assertion that CEOs benefit from exploited labor in the third world with this:

Dude, you are doing it again. You are mixing and matching different ideas. First of all, let's take a bus 101 class here. CEO's are for the most part compensated in stock. CEO's can't make their stock go higher, you can. Stock is sold to the public. The public buys that stock or sells that stock based on an assortment of factors. I know many companies whose profits have soared and their stocks tanked or went no where. The greedy awful Walmart is a case in point. The stock finally broke out this year but for a decade was dead money. When you are a publicly traded company, the CEO doesn't get any of those profits from exploiting the workers like you suggest. Privately held companies do and they are usually the smaller firms who obviously are not exploiting people. I just get the sense you have no idea what you are talking about. You have a general philosophy where you try to make everything in the world fit into it so everything makes sense. You just need to read more and learn more and you will find the world is very variable. And for the love of Christ, please stop bringing FOX news into every post. It makes you look childish.

Any help with this? How can I reply back? I would think that CEOs get a little more than a stock option in their compensation packages and that their decision to move overseas probably helps their stock. I just think that the guy pressuposes too much business logic to really see the social consequences here.

Help?