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>Probably not but that is what the market cost is. Is it really? The average pay for the CEO of a company of Mozilla's size is somewhere around $800,000 accord
by fauigerzigerk 7y ago
>Probably not but that is what the market cost is.
Is it really? The average pay for the CEO of a company of Mozilla's size is somewhere around $800,000 according to [1]. And a pretty large chunk of that is performance related.
Of course salaries may vary a lot between industries, but given Mozilla's performance, their CEO's salary appears to be on the high side.
[1] https://chiefexecutive.net/ceo-and-senior-executive-compensation-in-private-companies-2018-19/ https://chiefexecutive.net/ceo-and-senior-executive-compensa...
- fralewsmi 7y agoLess true if you consider only tech ceo salaries
- geoelectric 7y agoBesides the fact tech skews much higher, especially tech in SV, Mozilla doesn't have stock or equity to pass around, so has historically had relatively high cash compensation for its size instead. I think that has become less true over the years, but it does tend to inflate salary or salary+bonus numbers unless you compare to total comp elsewhere (including parachutes and other bonuses that may not make these sheets).
- fauigerzigerk 7y agoThe numbers I quoted include new stock/equity as well as equity gains. Also, Mozilla is a rather unusual tech company in many ways. Leading Mozilla comes with unique opportunities not easily found elsewhere. Monetary compensation is not the only incentive for people.