Netflix CEO Reed Hastings' 2020 pay rises 12% to $43M
Netflix reports 2020 executive compensation
By ExecPay News
Published: April 23, 2021
Netflix reported fiscal year 2020 executive compensation information on April 23, 2021.
In 2020, six Netflix executives received on average a compensation package of $22M, a 22% increase compared to previous year.
Average pay of disclosed executives at Netflix
Reed Hastings, Chief Executive Officer, received $43M in total, which increased by 12% compared to 2019. 98% of Hastings' compensation, or $42M, was in option awards. Hastings also received $650K in salary and $147K in other compensation.
Ted Sarandos, Chief Executive Officer, received a compensation package of $39M, which increased by 13% compared to previous year. 51% of the compensation package, or $20M, was in salary.
Greg Peters, Chief Operating Officer, earned $21M in 2020, a 12% increase compared to previous year.
Spencer Neumann, Chief Financial Officer, received $13M in 2020, which increases by 8% compared to 2019.
David Hyman, Chief Legal Officer, earned $10M in 2020, a 28% increase compared to previous year.
Rachel Whetstone, Chief Communications Officer, received $5.4M in 2020.
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Source: SEC filing on April 23, 2021.