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> There's a quote from the CEO saying that they looked at the market and felt like they were being underpaid. afair AMD CEO is paid 4x less than Mozilla CEO.
by akerro 6y ago
> There's a quote from the CEO saying that they looked at the market and felt like they were being underpaid.
afair AMD CEO is paid 4x less than Mozilla CEO.
- cycrutchfield 6y agoincluding stock compensation?
- lordgrenville 6y agoThat is shocking if true, but doesn't seem to be? AMD's Lisa Su was the highest-paid CEO of a company in the S&P 500 last year. Su earned a total of $58.5 million in 2019 [0] Mitchell Baker, Mozilla's top executive, was paid $2.4m in 2018 [1] [0] https://edition.cnn.com/2020/06/01/tech/lisa-su-amd-highest-paid-ceo/index.html https://edition.cnn.com/2020/06/01/tech/lisa-su-amd-highest-... [1] http://calpaterson.com/mozilla.html http://calpaterson.com/mozilla.html
- ZephyrBlu 6y agoFrom your first article: "In 2019, she earned $1 million in base salary and a $1.2 million performance-based bonus.". So not 4x, but 2x based on base salary.
- lordgrenville 6y agoGood point. It is misleading to compare base pay rather than overall comp, though.
- ric2b 6y agooverall comp is heavily biased towards stock performance. Given AMD's exceptional performance in recent years it's natural to expect her overall comp to also be quite good.
- doc_gunthrop 6y agoCan you even compare Mitchell Baker to Lisa Su in terms of achievement? Su revived a company on the verge of bankruptcy. Since she was appointed CEO, AMD's stock has soared and they've made themselves a viable competitor against Intel. This has been a massive boon to the market. It's worth noting that Su has a deep understanding of the underlying technology that the company works on (she's an electrical engineer), which was essential to her success at the company. Su is an example of merit-based compensation. Baker is not.