Netflix co-CEOs Reed Hastings and Ted Sarandos earned, respectively, $43.2 million and $39.3 million in 2020. The pay was up for both.
Chairman and founder Hastings earned $38.6 million the year before, when Sarandos took home $34.7 million.Hastings base salary was only $650,000 with the bulk of his compensation from a grant of options valued at $42.4 million, according to a proxy statement filed with the SEC.Sarandos, instead, received a base salary of $20 million and an option grant worth $18.3 million.
HE was named co-CEO last July, in addition to his role as chief content officer.Netflix had a blowout 2020 as the quintessential stay-at-home stock as the world braved a global pandemic with Tiger King: Murder, Mayhem and Madness, The
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