Netflix Co-CEOs Ted Sarandos And Greg Peters See 2024 Pay Jump As Each Tops $60 Million

Netflix co-CEOs Ted Sarandos and Greg Peters saw total compensation of, respectively, to about $61.9 million and $60.3 million in 2024, up sharply from the year before.

In 2023, Sarandos had a package worth $49.8 million while Peters was at $40.1 million.

For last year, Sarandos saw base pay of $3 million, unchanged, but received stock awards valued at $42.7 million, option awards worth $2.25 million and non-equity incentive plan compensation (like a cash bonus) of $12 million, according to a proxy statement filed with the SEC.

Peters base salary of $3 million also included stock awards for $42.7 million, option awards. for $1.95 million and non-equity incentive plan pay of $12 million.

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Neither executive received stock awards in 2023.

Proxies list the annual compensation of the top five highest paid executives at a public company.

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