Netflix Sets 2024 Pay Packages Worth $40M Each For Co-CEOs Ted Sarandos, Greg Peters
The RSUs are time-based restricted stock units. PSUs are performance-based restricted stock units. Netflix calls the packages total target compensation. (L-R) Greg Peters, Ted Sarandos and Reed HastingsGetty Images The numbers in an SEC filing reflect changes in the way Netflix pays its top executives. Historically, Executive Officers have been permitted to allocate compensation to cash salary and stock options. The number for Hastings, now executive chair, is $1 million....