Netflix co-CEOs Ted Sarandos and Greg Peters saw total compensation of, respectively, to about $61.9 million and $60.3 million in 2024, up sharply from the year before.
In 2023, Sarandos had a package worth $49.8 million while Peters was at $40.1 million.
For last year, Sarandos saw base pay of $3 million, unchanged, but received stock awards valued at $42.7 million, option awards worth $2.25 million and non-equity incentive plan compensation (like a cash bonus) of $12 million, according to a proxy statement filed with the SEC.
Peters base salary of $3 million also included stock awards for $42.7 million, option awards. for $1.95 million and non-equity incentive plan pay of $12 million.
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Neither executive received stock awards for 2023.
Proxies list the annual compensation of the top five highest paid executives at a public company.
The numbers hit as the execs were wrapping up an earnings call after Netflix posted strong first quarter financials. The company has been among the best performing stock in the media space and the entertainment company with the steadiest financials.
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