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I think this reasoning is not straightforward for Mozilla as it would be for a traditional company.

Normally, the shareholders own the company. They appoint the CEO, or a board of directors or whatever management structure, and they decide how much to pay them. It's the shareholders' company, it's the shareholders' right to decide whether to keep the C-suite and how much to pay them. Things can get a bit muddled with large public companies with many shareholders, or when there are dual class shares, which can partially insulate the management from the owners control, but it more or less works this way.

In the case of Mozilla Foundation, AFAICS, this does not hold. The board of directors is completely self managing; they coopt board members and appoint the CEO of Mozilla Corporation.

I might be very wrong about this, but since Baker is both the chairman of the foundation and the CEO of the corporation, it looks to me like she doesn't basically answer to anyone. It's a bit like she owns the company, except she didn't have to buy it. That's a pretty sweet deal.



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