TedSarandos

Netflix Co-CEO Ted Sarandos to See Pay Hit $40M in 2022, Reed Hastings Set to Earn $34M

Netflix Co-CEO Ted Sarandos to See Pay Hit $40M in 2022, Reed Hastings Set to Earn $34M

BY ALEX WEPRIN | HollywoodReporter.Com Troy Warren for CNT #Business This past year saw the streaming giant expand into video games, acquire the Roald Dahl Story Company and see its subscriber growth stall, setting up 2022 to be a critical year for the company. Netflix co-CEO Ted Sarandos is set to out-earn his colleague and co-CEO Reed Hastingsin 2022. The executives are expected to earn $40 million and $34.6 million, respectively, next year, according to a regulatory filing that was published Tuesday afternoon. Hastings’ pay is made up of $34 million in stock options and $650,000 in base salary, while Sarandos will take a $20…
Read More