Comment by woadwarrior01

6 months ago

If only they'd use a similar rubric to rein in their CEO comp[1].

[1]: https://news.ycombinator.com/item?id=24132168

Is their CEO comp not in line with the market?

  • No. More than 80% of Mozilla Corp's income is a yearly payment from Google. [0]

    The payment will stop immediately if Google thinks it's no longer needed, or if federal prosecutors (who have determined this payment is illegal) decide the remedy is to stop the payment. [1]

    The CEO's job is simple. Say "I think we should take Google's money again this year", and then pocket several million of it. Ca-ching! What are your plans for post-Google-money? Uh uh... AI? Sell out our users to advertisers? [2] It's not looking good.

    The Firefox market share continues to dwindle. The board continues to hob-nob with San Francisco socialites and "activists" and use Mozilla as a piggybank to fund their chums. [edit: removed line about Mitchell Baker as she does seem to have finally left]

    [0] https://news.ycombinator.com/item?id=43185909

  • That's a bad rubric to judge by, in this case. CEO pay is at a historic high, in fact I'm pretty sure the last time the gap in wage between median workers and CEOs was this high was the roaring 20's, which famously went quite well for the economy.