Todd Spangler NY Digital Editor Netflix‘s board has approved 2024 pay packages of its top execs, with co-CEOs Ted Sarandos and Greg Peters each to receive compensation worth $40 million.
For Sarandos, it’s the same level of pay he is set to receive in 2023. Peters is getting a step-up from the $34.65 million in target compensation for this year.
Peters, formerly chief product officer and COO, was named co-CEO alongside Sarandos in January of 2023. Reed Hastings, who stepped aside as CEO earlier this year, remains executive chairman.
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