proxy statement, Hastings received a pay package of $40.8 million and Sarandos earned $38.2 million, primarily from stock awards.
Hastings received a $650,000 annual salary and $39.7 million in stock awards and Sarandos took home a $20 million salary and $17.1 million in stock awards.
Sarandos also had nearly $900,000 in security costs covered by Netflix.Netflix had a record-setting year in 2020 and its top executives were rewarded handsomely for it, with co-CEOs Reed Hastings and Ted Sarandos bringing home a combined $82.5 million last year.
Hastings’ compensation jumped 12% in 2020 to $43.2 million, according to the filing. The bulk of that — about $42.43 million — came from stock options.
Read more on thewrap.com
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