Meredith Stiehm Netflix president BLOCK PayDay Meredith Stiehm Netflix

Netflix Shareholders Reject Execs’ $166 Million Payday in Rare Dissent Amid WGA Strike

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thewrap.com

1.5% of companies who asked shareholders to weigh in on executive compensation packages having rejected the pay proposals this year.

The rejection comes just days after WGA West President Meredith Stiehm sent an open letter to Netflix and Comcast shareholders calling on them to reject the pay packages in the impending vote.“Netflix’s content pipeline has been blocked, with dozens of projects that were in development or ordered to series as of May 1st unable to move forward until WGA negotiations conclude,” Stiehm wrote in the letter to Netflix shareholders.

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