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5 months ago
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Netflix co-CEO Ted Sarandos saw a 2023 compensation package valued at $49.8 million, down a hair from the year before but with one big change — he took more in option awards than in cash after the streamer changed its pay policies.
Sarandos had a $3 million base salary last year, up from $20 million the year before. Option awards worth $28.3 million compared with $28.5 million. In 2023, he was also awarded a non-equity incentive plan compensation — like a cash bonus — for $16.5 million, according to the company’s latest proxy report.
Co-CEO Greg Peters had a package worth $40 million, up from $28 million in 2022.
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