Netflix CEOs’ Salaries in 2022 Have Been Determined

Netflix is ​​currently and for years the largest streaming platform that offers productions such as movies and series to users. Approximately It has 22 million subscribers The revenue of the service in the third quarter of this year amounted to 7.5 billion dollars. In this way, the company can make large payments to its employees and prominent names.

If you ask about the CEO, who is the first office that comes to mind when it comes to leading names, this number is quite high. According to the announcement last week, the company’s two co-CEOs annual salaries it became clear. The CEO, whose salary will be low, will receive payments of $34 million per year.

Salaries have decreased according to a company whose income has jumped so much with the pandemic

Last Tuesday, the remuneration committee of the Netflix Board of Directors updated the annual pay that co-CEOs Reed Hastings and Ted Sarandos will receive. in 2022 Reed Hastings $34 million, Ted Sarandos $40 million will get paid. In fact, salaries have not increased, in 2020 these names earned $43.2 million and $39.3 million, respectively.

In addition, the payments are not entirely cash. The 2022 payment package offered to Hastings includes $650,000 in cash and $34 million in stock. In Sarandos’ 2022 package $20 million in cash and $20 million in stock there is.