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Jon Lafayette

Netflix Targets $40 Million in 2024 Pay for Co-CEOs Ted Sarandos, Greg Peters

Ted Sarandos Greg Peters Netflix Reed Hastings

Netflix Co-CEO Ted Sarandos.

Netflix said it expects to pay its co-CEOs, Ted Sarandos and Greg Peters, $40 million each in 2024, the same target as in 2023.

Both executives get a compensation package of $3 million in base salary, $6 million in bonuses, $15.5 million in restricted stock units and $15.5 million in performance-based restricted stock units, according to a filing with the Securities and Exchange Commission.

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