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0 pointsdevy5y ago0 comments

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

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8 comments · 2 top-level

DangerousPie5y ago· 4 in thread

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.

antoinealb5y 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.

DangerousPie5y ago

I really don't think it's that simple. Why should CEO salary depend on revenue? Should the CEO of a startup that doesn't have customers yet make $0?

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lenkite5y ago

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

DangerousPie5y ago

How do you know she is under-performing? It's not like Mozilla was profitable before she joined.

endemic5y ago· 2 in thread

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?

waheoo5y ago

How else do you justify their salary. Increasing revenue? please.

devyOP5y ago

> Increasing revenue?

Yes. Mozilla Corporation, The wholly owned subsidiary of Non-profit Mozilla Foundation, is a for-profit organization and taxable entity. [1]

For any for-profit organization, increasing profit is one of the major responsibility of the CEO.

[1]: https://en.wikipedia.org/wiki/Mozilla_Corporation

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