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Netflix says nan full compensation for Co-CEOs Ted Sarandos and Greg Peters dropped successful 2025, but it remained astatine a robust level of much than $53 cardinal apiece.
Sarandos saw his full compensation travel successful astatine $53.9 million, down from $61.9 cardinal successful 2024. Peters collected $53.2 million, down from $60.3 million. The 2 seasoned execs were named Co-CEOs successful 2023, stepping successful to stock nan station agelong held by Reed Hastings.
Along pinch nan compensation figures released successful an SEC filing Thursday, nan institution announced its yearly shareholder gathering will beryllium held June 4. The gathering will beryllium a important arena for nan company, arsenic Hastings has said he does not scheme to tally for re-election to nan company’s committee of directors. That will bring nan curtain down connected nan institution co-founder and longtime erstwhile CEO’s astir 30-year affiliation pinch nan streaming pioneer.
The compensation figures were released aft nan institution put retired coagulated first-quarter results, pinch gross and earnings some topping Wall Street expectations.
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