Spez is CEO because the board and investors deem him to be the best person for the job. Of course, he founded Reddit, so he has a strong case on merit for why he is the #1 person on the planet to run the company.
The process for selecting moderators is way less meritocratic or democratic than this. They merely got there first, finders keepers. The analogy for landed gentry is accurate.
The process for selecting moderators is way less meritocratic or democratic than this. They merely got there first, finders keepers. The analogy for landed gentry is accurate.