> There's a quote from the CEO saying that they looked at the market and felt like they were being underpaid.
afair AMD CEO is paid 4x less than Mozilla CEO.
afair AMD CEO is paid 4x less than Mozilla CEO.
AMD's Lisa Su was the highest-paid CEO of a company in the S&P 500 last year. Su earned a total of $58.5 million in 2019 [0]
Mitchell Baker, Mozilla's top executive, was paid $2.4m in 2018 [1]
[0] https://edition.cnn.com/2020/06/01/tech/lisa-su-amd-highest-...
Su revived a company on the verge of bankruptcy. Since she was appointed CEO, AMD's stock has soared and they've made themselves a viable competitor against Intel. This has been a massive boon to the market.
It's worth noting that Su has a deep understanding of the underlying technology that the company works on (she's an electrical engineer), which was essential to her success at the company.
Su is an example of merit-based compensation. Baker is not.
So not 4x, but 2x based on base salary.