Netflix co-CEO Sarandos earns slightly less in 2023 than a year ago, makes $49.8M [Seeking Alpha]
Netflix, Inc. (NFLX)
Last netflix, inc. earnings: 4/21 04:00 pm
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Source: Seeking Alpha
Sarandos' total compensation for 2023 was $49.8M compared to $50.3M for 2022 and $38.2M for 2021. Greg Peters, who assumed the role of co-CEO in January last year, saw his 2023 total compensation surge to $40.1M from $28.1M in 2022. Executive chairman Reed Hastings, who was replaced by Peters as co-top boss, earned $11.3M in compensation for 2023 versus $51.1M in 2022. Netflix ( NFLX ) also outlined what it called "significant changes" to its executive compensation program for 2024. "This past year, the Board, alongside management, continued to actively engage with shareholders to seek their input and provide perspective on our policies and practices. In response, we adopted significant changes to our executive compensation program for our executive officers, Ted, Greg, Reed, (CFO) Spencer Neumann and (chief legal officer) David Hyman, which took effect in 2024," Netflix ( NFLX ) lead independent director Jay Hoag said in a regulatory filing The changes to the compensation
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- 4/30/24 - Form 144
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