Reddit CEO Steve Huffman has defended his $193 million compensation package

Reddit CEO Steve Huffman has defended his $193 million compensation package following backlash from unpaid moderators. Huffman’s compensation, which includes a mix of salary and stock, is set by Reddit’s board based on his performance. He stated, “If the company does well, I will do well. If the company does not do well, I don’t either.” Huffman’s salary was raised to $550,000 in February, with the bulk of his compensation tied to stock. The disparity between Huffman’s pay and the unpaid work of moderators has sparked criticism, with some users arguing that the CEO is overpaid for a platform that relies heavily on volunteer moderators.