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by boomboomsubban 1752 days ago
The last report is from 2017 I believe, a year when Mozilla's revenue hit an all time high $562 million. I personally doubt her salary is as high, despite her promotion and I believe the overall decrease in amount of executives that accompanied it.

Seriously, "Chair pay is .5% of revenue" seems fair.

And I haven't heard this "bung" rumor but Mozilla's revenue and usage were shrinking long before Baker became CEO in late 2019.
1 comments
pbhjpbhj 1751 days ago
Personally I find the idea of a charity begging for cash whilst simultaneously paying outrageously large amounts of money to execs to be immoral.

My limit on reasonable salary is 5 times the UK median graduate salary.

If ".5% of revenue is reasonable" surely there's no excuse not to increase salaries of everyone working for a company -- pay everyone ludicrous sums as each salary is small!

IIRC studies have shown exec salary doesn't correlate with increased company success, why should revenue come into it.

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boomboomsubban 1751 days ago
The Mozilla Corporation isn't a charity, none of the donated money goes towards their salary. And their revenue is directly tied to a specific deal that the executives negotiated to get over $100 million per year more than their previous deal. They negotiated that despite the years of decreasing users your link showed.

As for the rest, I also dislike standard corporate practices but Mozilla is more or less forced to follow them to compete at all in this world.

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pbhjpbhj 1749 days ago
Do you really think Moz couldn't find someone to competently lead it for less than $2M? For an average USA engineering manager's salary, say?
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boomboomsubban 1749 days ago
Right, let's get an engineering manager to run an international company. They just have to negotiate deals worth hundreds of millions of dollars, handle all of the licensing issues, manage a charity, manage hiring for areas including PR and translation, and more assorted tasks. And let's offer them well below market rate for such a position, though we'll still publicly disclose their salary so the entire world can criticize them for everything that goes wrong with the company.

I'm sure they're flooded with great applicants for that gig. And again I doubt the CEO salary is still over $2 million. It would have been negotiated in April 2020 right before the layoffs.

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