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,...

Current Market Cap

$305.63B

Number of Employees

13K

Total Compensation

2020 - 2023

Trending down by -1.20% last year
Showing total compensation for the last 2020 - 2023

Stock

Up by 0.00% last year

Salary

Down by -85.00% last year

Bonus

Up by 0.00% last year

Other

Up by 11.09% last year

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.

SEC Filing

From April 18, 2024