CEO pay is so ridiculous, there’s obviously no way they’re going to self regulate so we need to either tie it to worker pay/well-being or put it under the control of their employees
Comment on Mozilla CEO Mitchelle Baker stepping down to Executive Chairwoman
darkmatternoodlecow@programming.dev 9 months ago
I guess an annual salary of one hundred trillion dollars, or however ridiculously much it was, wasn’t enough for her.
MysticKetchup@lemmy.world 9 months ago
ilmagico@lemmy.world 9 months ago
Well, technically, CEOs don’t pick their own salaries, they are decided by the board, and so, indirectly by the shareholders. Then again, she is also a board member, so ¯\_(ツ)_/¯
frezik@midwest.social 9 months ago
Salaries of non-profits are public information. See page 8.
She was taking $5.6M from “related organizations” (not quite sure what that would be), but not much from the Mozilla Foundation itself. The rest of the board is taking $115k-$340k directly from the Foundation.
victorz@lemmy.world 9 months ago
Those are insane amounts to me, in a non-profit. Non-profit sounds meaningless when considering certain people within the organization are making $340k off of donated money. It’s a mockery of the term in my opinion.
$5.6M is just on a whole separate level though. Speechless.
ImFresh3x@sh.itjust.works 9 months ago
If you want services and products to compete with private offerings you need talented and competent people who could otherwise work in a for profit business and get a typical salary for that position.
Unfortunately 340k is basically upper middle class household in coastal cities. Mozilla HQ is in Mountain View, the heart of Silicon Valley.
Try buying even a fixer upper is the South Bay and raising two kids on less 300k in Silicon Valley. I’m making close to 200k in the Bay Area and feel like I have no money for extras like home improvements, no kids, 20 year old car, travel on a tight budget once a year for a week or so, and still behind on my retirement goals.
RobotToaster@mander.xyz 9 months ago
Mozilla HQ is in Mountain View, the heart of Silicon Valley.
They could move. Bringing jobs to a more deprived area is the sort of thing a charity is supposed to do.
victorz@lemmy.world 9 months ago
That is insane. What a waste of money, driving up local inflation like that.
darkmatternoodlecow@programming.dev 9 months ago
I assume that on the IRS returns form for Mozilla Foundation, the “related organization” that the CEO of Mozilla Corporation gets 5+ million from is probably Mozilla Corporation. But I don’t know.
LunchEnjoyer@lemmy.world 9 months ago
doubt she’ll get any more from stepping down… but yeah it’s ridiculous how much some of these CEOs think they need. Especially in a company that is supposed to be better…
darkmatternoodlecow@programming.dev 9 months ago
I know, my comment didn’t make a lot of sense; her salary just triggered me tremendously the first time I heard what it was. This seemed like as good a place as any to express my disgust.
LunchEnjoyer@lemmy.world 9 months ago
Believe that most people here on this platform would agree with you on that, consider your rant redeemed :)
topinambour_rex@lemmy.world 9 months ago
Especially when you compare to Japanese CEO