I believe he was. Did you read the article?
"And under my reforms, all aspects of a CEO's pay, including any severance arrangements, must be approved by shareholders"
I can't understand why conservatives would support even one more increment of the already stifling regulations on private business.
Corporations are not private businesses, they are public businesses. No one forced these companies to incorporate and sell their stock on the open market. Once they do that, however, they are subject to regulation by the entity which recognizes their corporate status, i.e., the government.
If these companies can't live under the regulations placed upon them by virtue of the corporate status, then they can always reorganize as some non-corporate entity.