Hastings will collect an annual salary of $700,000 and stock options worth $30.8 million, according to the SEC filing. That’s a increase from his 2018 pay package, when he received options valued at $28.7 million on top of his $700,000 salary.
Sarandos will bring home $18 million in salary in 2019 — a significant bump from his $12 million salary this year. He’ll receive options worth $13.5 million, down from $14.25 million this year.
Chief Financial Officer David Wells will earn $6.3 million in salary and stock options; and Chief Product Officer Greg Peters will knock down $16.8 million in total compensation.
The Fresh Faces Of Streaming: How Will Existing Services Fare As Big-Budget Competitors Enter The Fray? -- Deadline Disruptors
Netflix disclosed the compensation in a regulatory filing Friday.
Subscribe to Deadline Breaking News Alerts and keep your inbox happy.