Yeah, it really stings when CEO's get paid a lot while their company struggles (especially layoffs, etc).
In the case of for-profit companies like Nintendo, the CEO typically owns a ton of stock. If they turn things around, the financial returns to them will be huge – especially compared to letting the company crater.
Steve Jobs took no salary for years while Apple struggled (great!), and still ended up with several billion dollars, mostly from Apple.
That can't happen with Mozilla. If they cut the CEO pay in half, they'll probably quit and go work somewhere else. Then what?
Do you try to hire some other CEO for a tiny fraction of what they'd earn at an equivalent role at a for-profit company? At a time when Mozilla already looks like a sinking ship? Sorry, most folks who are talented enough to have multiple options would choose something else, even if there are "warm fuzzy feelings" for working at a non-profit.
In the case of for-profit companies like Nintendo, the CEO typically owns a ton of stock. If they turn things around, the financial returns to them will be huge – especially compared to letting the company crater.
Steve Jobs took no salary for years while Apple struggled (great!), and still ended up with several billion dollars, mostly from Apple.
That can't happen with Mozilla. If they cut the CEO pay in half, they'll probably quit and go work somewhere else. Then what?
Do you try to hire some other CEO for a tiny fraction of what they'd earn at an equivalent role at a for-profit company? At a time when Mozilla already looks like a sinking ship? Sorry, most folks who are talented enough to have multiple options would choose something else, even if there are "warm fuzzy feelings" for working at a non-profit.