| Mozilla also just posted their State of Mozilla 2022 (this includes financial statements). From what I've read, it seems that expenses are up and revenue from search deals is down. https://stateof.mozilla.org/ https://news.ycombinator.com/item?id=38530382 https://www.ghacks.net/2023/12/05/mozilla-earned-close-to-60... Firefox's market share has been on the decline since 2010. https://gs.statcounter.com/browser-market-share#monthly-2009... Genuine question. What is justifying Mozilla Corporation CEO Mitchell Baker's salary? - 2022 - $6.9m/yr - 2021 - $5.5m/yr - 2020 - $2.6m/yr - 2019 - $3.0m/yr - 2018 - $2.4m/yr - 2017 - $2.2m/yr - 2016 - $1.0m/yr - 2015 - $997k/yr |
Mozilla is wildly profitable.
They made a profit of roughly 150 Million dollars last year.
They have 1.2 Billion dollars in assets.
They have increased revenue from non-search deals significantly (56M -> 75M, up one third).
Despite all the gnashing of teeth in this comment section about woke Mozilla, they spent only 5 Million on grants last year. The vast majority goes towards developing Firefox and building up assets.
I had always just taken the statements that she is absurdly overpaid at face value and never looked into this myself. But Baker has overseen the rise of revenue and net income from almost zero to current numbers. If that doesn't look like a successfully run NGO, what does?
Not a big fan of CEO compensation in general, but I feel the one-sided focus on market share, which I feel is somewhat out of Mozillas control (can't even compete on the dominant mobile computing platform, anti-competitive Google leveraging its search monopoloy and advertising Chrome extremely aggresively, etc... ), while ignoring the actual financial health of the organisation is really biased.