Netflix co-CEOs Reed Hastings and Ted Sarandos will see their 2021 compensation unchanged from 2020. The executives are expected to earn $34,650,000 each next year, according to a regulatory filing that was published Dec.
28. Hastings' pay is made up of $34 million in stock options and $650,000 in base salary, while Sarandos will take a $20 million base salary and $14,650,000 in stock options.
Those numbers are the same as what the company said Hastings and Sarandos would earn in 2020.With so much of their executive compensation locked up in stock options, the final compensation for the company's top executives can vary widely.
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