Hacker News Reader

HNHacker News

Top New Best Ask Show Jobs

Comment by eugenekolo2 | Hacker News Reader

Parent Full thread

eugenekolo2·

Can you cite these millions paid to execs at Mozilla?

View on HN

Mitchell Baker was paid $2,294,667 in 2017.

https://assets.mozilla.net/annualreport/2017/mozilla-2017-fo.... See page 7.

Mitchell Baker was paid $2,458,350 in 2018.

https://assets.mozilla.net/annualreport/2018/mozilla-2018-fo.... See page 7.

Mozilla has not released their annual report for 2019, yet.

To be fair it's not that much for a CEO of a SV corporation, however the fact that she went from $700,000 to more than $2,000,000 in the space of 5 years and her financial accomplishments don't reflet any of it is quite surprising.

Almost like vultures who are skinning a company while they still can, emptying the bank account knowing that eventually they'll get fired for poor performance.

> emptying the bank account knowing that eventually they'll get fired for poor performance.

CEOs don’t set their own comp.

Baker is Executive Chairwoman and heads the Board of Directors. But she's also been around since Netscape, and was instrumental in starting Mozilla post-AOL. Not exactly a corporate raider.

In theory. In practice, they often negotiate it with their board.

Yes, but in practice then all employees set their own comp by negotiating with their manager.

Yes, I thought the whole point of Mozilla, being a non-profit and all, is to be different from "SV corporations".

But apparently it's run like all the VC-backed companies.

It's (semi-)public info; same as it ever was: Moz is laying off employees and paying managers waaaay too much.

https://twitter.com/christi3k/status/1217542576141524992

Reading through that thread, the main thing that came to mind was the adage "Never meet your heroes."

Reply on news.ycombinator.com