Perhaps they should find someone skilled who is willing to take that 80% discount from market.
Baker has clearly not been worth her increased salary; I don't even think she's worth the original 20%-of-market salary, given how Firefox's market share has dropped precipitously, and Mozilla has been forced to lay off staff.
Sure, you're probably not going to get a 100%-of-market-rate CEO for a 20%-of-market-rate salary, for CEOs who only care about compensation. But I think that's ok, especially given that some CEOs aren't even worth 20%. And you're much more likely to get someone who actually cares about the mission.
Baker has clearly not been worth her increased salary; I don't even think she's worth the original 20%-of-market salary, given how Firefox's market share has dropped precipitously, and Mozilla has been forced to lay off staff.
Sure, you're probably not going to get a 100%-of-market-rate CEO for a 20%-of-market-rate salary, for CEOs who only care about compensation. But I think that's ok, especially given that some CEOs aren't even worth 20%. And you're much more likely to get someone who actually cares about the mission.