When COVID-19 hit the first thing I did was reduce, then totally stop my pay. This has caused me to take a significant personal hit but it means that the company now has a year and a half of runway left at the current rate of expense.
Nobody got laid off even though we are down to some fraction of our pre-COVID income. Morale is not super high because of course people are still suffering personally because of the whole affair, several people working with/for us including me have been infected, and all of our lives are significantly impacted. But we are still afloat and will get through this crisis with all hands on board and when we do I will make sure to send extra compensation to those people that took a pay cut to make this happen.
So, as one CEO commenting on the actions of another: this excuse is bordering on the ridiculous and I'm surprised that she even mentioned it.
None of them would run their companies into the ground to maintain their executive pay because they felt that would be 'unfair to their families', this is a CEO that is so self centered that nothing good can come of it.
But besides that, Mozilla - or rather, FireFox - is an important (though now much less important) technology component and a lawyer is not going to run a company making such a component effectively because this is not a regulated industry or a financial vehicle where having a legal background might give you an edge.
When three years from now Baker will have her nest egg completed the husk of Mozilla will quietly die and Firefox right along with it whereas right now there might (and that's a very small might) still be a chance to turn this around.
Regardless of whether you think lawyers make good CEOs, this lawyer is not a good CEO for this company, witness the performance of the flagship product, recent layoffs, the company financials and their recent statements.
I would say without a personal understanding of the challenges of the core business, their judgement would lack that influence. This lacking will absolutely effect the direction of the org. The numbers don’t lie as to the effect.