Netflix's CEO made $24 million last year [CNN]
Netflix, Inc. (NFLX)
Last netflix, inc. earnings: 4/21 04:00 pm
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Source: CNN
Netflix CEO Reed Hastings was paid $24 million last year Netflix CEO Reed Hastings' pay keeps climbing. Hastings, Netflix's co-founder, took home a total of $24.4 million last year, according to a company filing Monday. His pay rose 5% in 2017 from the year before. Most of Hastings' paycheck came from stock options the company granted him. Stock options allow employees to buy or sell company shares at a pre-determined price and time. Since options take time to vest, they're widely used as performance incentives. Hastings' base salary was $850,000 last year, but he was awarded $23.5 million worth of options. He has not received a cash bonus in the last three years. Netflix's ( NFLX ) stock has more than tripled in that time. Hastings' annual salary has fallen in recent years in favor of higher options. That will continue again this year. Hastings' base salary for 2018 will be lowered to $700,000, but options will go up to $28.7 million. Related: Netflix CEO Reed Hastings to receiv
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- Could Netflix Stock Help You Become a Millionaire? [Yahoo! Finance Canada]Yahoo! Finance Canada
- Cedric the Entertainer uses his punchlines to branch out and give back during Netflix Is a Joke [Los Angeles Times (CA)]Los Angeles Times
- Video streaming services see downloads, active users drop in April, BofA report shows [Reuters]Reuters
- Video streaming services see downloads, active users drop in April, BofA report shows [Yahoo! Finance]Yahoo! Finance
- Netflix's ‘Bodkin' Looks Like A Darker, Irish ‘Only Murders In The Building' [Forbes]Forbes
NFLX
Earnings
- 4/18/24 - Beat
NFLX
Sec Filings
- 5/6/24 - Form 4
- 5/6/24 - Form 4
- 5/6/24 - Form 4
- NFLX's page on the SEC website