What are you talking about? The contract is constantly renegotiated, and the only recent one that Baker was in charge for saw the same terms after the previous contract dropped over a hundred million dollars a year.
The point is that the whole system was thought out and initiated before exec salaries spiralled. There is no visible correlation between exec compensation and this type of negotiation.
The amount the execs negotiated is reflected in their salary, the last year we have the CEO salary was shortly after they negotiated a new deal with Yahoo worth over a hundred million dollars more per year seeing them get a raise. I doubt that Baker is getting anything near Beard's salary given she negotiated it right before the layoffs.
> The amount the execs negotiated is reflected in their salary
No it isn't - salary is salary, and these deals existed when the Mozilla CEO was not paid as much. By her own admission, at one point Baker just went "fuck it, other CEOs get paid multiples, why not me?", so now she brings home $3m per year, with the whole exec structure likely benefiting in similar fashion (because why only the CEO?). See: https://calpaterson.com/mozilla.html but it's on wikipedia too.
That's $3m that could pay for a dozen engineers at Bay-Area salaries, or 30-60 in cheaper locations - maybe enough to match (or surpass) Google's continuous push for new specifications that forces everyone else to play catch-up all the time, as well as stacking the standard committees where Mozilla is systematically overpowered.
> I doubt that Baker is getting anything near Beard's salary
You're right, she's making 3x Beard's salary. Even with 7 years of inflation, that's a lot more.
Mitchell Baker has given a lot to Mozilla, but she's now very clearly decided it's her time to cash in.
See how the last year on that graph is 2018? Baker became interim CEO when Chris Beard stepped down in December 2019, officially hired around April of 2020. It also never reaches $3m.
Additionally, look at the ~2015-2018 revenue. That is when Mozilla was with Yahoo and making ~$500 million a year as opposes to the ~$300 million now. That is when the CEO pay spiked, I doubt it's stayed that high and they arguably deserved that pay for earning enough extra money to prevent needing these ads for an additional five years.
>You're right, she's making 3x Beard's salary.
Just to drill this home, Baker's CEO salary is not currently public.
Somebody didn't read the actual text. "Mitchell Baker, Mozilla's top executive, was paid $2.4m in 2018, [...]" He goes on to mention how he scavenged the figures from reports. Wikipedia links an article that states she was paid over $3m in 2019. And before then, she's been on the various boards since forever, so she approved the salary rises for her, Beard, and friends.
So let's drill this home: Baker or Beard, the whole Foundation board is complicit in enabling skyrocketing compensation rates for executives, whose only merit seems to be that they can maintain long-running commercial agreements more or less intact - while dropping the ball everywhere else.
I've read the texts, and further I've actually read the Mozilla financial reports. Yes, Baker had a high salary in 2017/2018 after the Yahoo deal where they improved revenue by over a hundred million dollars a year, though she wasn't "Mozilla's top executive." Her 2019 salary is not public yet, just a sum total paid to "management and administration."