SEO WGA West President Meredith Stiehm is urging Netflix and Comcast stockholders to reject pay raises for the companies’ top executives at their upcoming shareholders meetings, saying that approving the proposed pay packages is “inappropriate in light of the ongoing WGA writers’ strike.” The Netflix shareholders meeting will be held on Thursday and Comcast will hold its on June 7. “While investors have long taken issue with Netflix’s executive pay,” Stiehm wrote in a letter to Netflix shareholders, “the compensation structure is even more egregious against the backdrop of the strike.
In the midst of a disruptive labor dispute, Netflix is asking shareholders to give retroactive advisory approval of the company’s 2022 reported executive compensation totaling over $166 million.
By contrast, the proposed improvements the WGA currently has on the table would cost Netflix an estimated $68 million per year.
I urge you to vote against Proposal 3 and encourage Netflix to put an end to the disruptive strike.” In a similar letter sent to Comcast shareholders (read it here), she wrote that “In the midst of the strike’s disruption, Comcast is asking shareholders to give retroactive advisory approval of the company’s 2022 reported executive compensation totaling over $130 million.
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.