Sundar PichaiSundar Pichai earned $164M in 2023

Ted Sarandos is the co-Chief Executive Officer of Netflix, having been with the company since 2000. He became co-CEO alongside Greg Peters in January 2023 after Reed Hastings stepped down. Sarandos is credited with leading Netflix's transition into original content,...

Quick Links
N

Ted Sarandos

CEO of Netflix

Education

Bachelor's degree in Communication from the University of Arizona

Sector of Economy

Communication Services

Born

August 30, 1965 - 59 years ago

CEO of Netflix for

4 years 8 months (Jul 2020 - Present)

Previous Experience

Executive Vice President of Content at Netflix

Holdings

See how much did Ted Sarandos make over time.

As of early 2024, Ted Sarandos holds significant stocks in Netflix, reflecting his deep personal investment in the company. His holdings have varied over the years, indicating both confidence in Netflix's stock performance and a substantial commitment to the company’s...

Total Stock Sold

$505.41M

NFLX

$505.41M

2,568,673 NFLX shares

What if they kept their stock?

If Ted Sarandos didn't sell their stock, today they would have:
Extra NFLX2,568,673 shares worth $953.29M.
This is 88.62% and $447.87M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Ted Sarandos.

NFLX

$195.71M

NFLX at $983.14/share

Jan 30, 2025

Sale

NFLX

41,480 shares

NFLX

Jan 7, 2025

Received

NFLX

$1.96M

NFLX at $767.05/share

Nov 4, 2024

Sale

NFLX

$775.35K

NFLX at $606.69/share

Aug 5, 2024

Sale

NFLX

$38.74M

NFLX at $561.85/share

Feb 9, 2024

Sale

NFLX

$23.90M

NFLX at $431.47/share

Aug 4, 2023

Sale

NFLX

$43.57M

NFLX at $625.00/share

Oct 4, 2021

Sale

NFLX

$7.52M

NFLX at $489.43/share

Aug 19, 2020

Sale

NFLX

$9.68M

NFLX at $484.14/share

Aug 17, 2020

Sale

NFLX

$9.61M

NFLX at $480.70/share

Aug 13, 2020

Sale

Compensation History

See how much did Ted Sarandos make over time.

In 2023, Ted Sarandos earned nearly $50 million from Netflix. His compensation includes a salary of $3 million, a bonus based on Netflix's performance metrics worth over $16 million, and additional benefits. The bonus structure ties his financial rewards directly to Netflix's financial health, aligning his incentives with those of shareholders. Sarandos received no new stock grants that year, but his compensation reflects key aspects of Netflix’s growth and his crucial role in shaping the company's content strategy and direction. The changes in his pay structure also showcase Netflix's transparency and responsiveness to shareholder feedback, marking a shift towards a more performance-based pay model that spans across executive leadership.

Year

2023

Total Compensation

$21.53M

Salary

$3.00M

Board Justification

The compensation philosophy aims to attract and retain top talent while aligning executive compensation with company performance and shareholder interests.

Bonus

$16.54M

Board Justification

The bonus is based on performance metrics including F/X Neutral Revenue and F/X Neutral Operating Margin, with a target bonus opportunity of $17 million for 2023.

Other

$1.98M

Board Justification

Includes $13,200 for 401(k) matching contributions, $55,913 for car services, $620,013 for personal use of company aircraft, and $1,295,805 for residential security costs.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2023 as the stock options granted had a one-year vesting period and were not exercised during the year.

Performance Metrics

F/X Neutral Revenue and F/X Neutral Operating Margin.