I don't see how a non profit ends up paying so much for a CEO?
People take huge pay cuts to work at a non profit. why should a CEO be different? Especially at a time like this?
Even a for profit company will freeze / cut executive pay when there business is doing bad . Look at airbnb recently for example .
If it was like any other for profit company , investors would have fired the management for losing market share and failing to diversify the revenues they make .
In Russia it’s called budget sawing. They got money revenue, they’re doing absolute minimum to keep it and distribute rest of money among few wealthy people.
