Comment by devy

6 years ago

The current CEO of Mozilla Corporation and Chairwoman of Mozilla Foundation (the parent organization of Mozilla Corporation) earned a total compensation of $2,458,350 [1] on a $436 million company revenue on 2018, or half a percent of the company's revenue. I can't find 2019 stats, but on a company that's not doing well, CEO's comp seems high.

[1]: https://en.wikipedia.org/wiki/Mitchell_Baker#cite_note-14

11 comments

devy

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endemic  6 years ago

I can't think of a good reason why Mitchell Baker should keep her job. I'm fine with competitive executive compensation, but what has she done other than lay off the people doing the work?

DangerousPie  6 years ago

I have no idea what normal CEO salaries look like as a percentage of revenue. I'm not even sure if that's the right way to measure it. But it doesn't sound crazy high to me?

And the worse your company is doing, the more important it is to find a good CEO and the harder it will be for you to attract a good one. So you can even make an argument for why CEOs that joined companies that are doing badly might be getting paid more on average.

  • antoinealb  6 years ago

    I wondered how much it was, and did a quick search. Apparently Sundar Pichai (Alphabet) had a total comp equivalent to ~0.13% of the revenue, and Tim Cook (Apple) was at 0.05%. So Mozilla's CEO is at 3 to 10 times more than those two examples, while arguably underperforming them.

  • lenkite  6 years ago

    Fire her and hire a new CEO then. Why would you raise an under-performing CEO's takeaway ?