Because they hired the wrong CEO for that?

The foundation has trustees, whose job is to ensure the goals of the foundation are being met, and they hire the CEO. In this case, one of the trustees is the CEO, which is a bit of a conflict of interest.

“Our legally binding purpose is to further the advancement of privacy, freedom, and democracy around the world. … We measure our return on investment not through financial metrics, but through impact.” (proton.me)