this post was submitted on 08 Aug 2024
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Maybe that CEO will also quit, because other companies offer them a higher salary.
It's so easy to say they should just pay their CEO less. I mean, I get it, it's a ridiculous amount of money that no one needs. But few people, who are qualified for that job, will just do it out of the goodness of their hearts for a salary far below industry standards.
what the fuck could the CEO possibly do for a company that seems to just fucking zombie its way along, it does literally nothing and hasnt died, what could the CEO possibly be qualified for, it's not like they're gaining more market share from having a good product
They are the face of the company. If they are shit at communicating it will affect share prices which could end a company. They have to say the right things at the right times or they could potentially break laws by saying the wrong things.
There’s a lot of stuff they need to know and it’s not cheap to get that knowledge.
Is Mozilla even publicly traded?
Nope, they aren't. The Mozilla Corporation, which does Firefox development and has the CEO position that everyone's talking about, is a 100% subsidiary of the non-profit Mozilla Foundation, which is the organization that you can donate to.