Re:Thank You MDN
by Peaches4Rent on Thursday August 13, 2020 @01:44AM
(#24140290)
I don't see how a non profit ends up paying so much for a CEO?
People take huge pay cuts to work at a non profit. why should a CEO be different? Especially at a time like this?
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That's because Mozilla is run like any other Silicon Valley company. Not like a non-profit.
It's a for-profit company, that happens to be owned by a non-profit instead of shareholders, but that doesn't change the way they operate.
Even a for profit company will freeze / cut executive pay when there business is doing bad . Look at airbnb recently for example .
If it was like any other for profit company , investors would have fired the management for losing market share and failing to diversify the revenues they make .