That was down from $50.3 million in 2022, according to a Netflix proxy statement filed on Thursday (US Pacific Time) with the US Securities and Exchange Commission.
In 2023, Sarandos had a base salary of $3 million, stock option awards worth $28.3 million, a $16.5 million cash bonus and other compensation of $1.98 million (which included $620,013 for personal use of company aircraft and $620,013 in residential security costs. $1.3 million was involved), adds 'Variety'.
The compensation committee of the Netflix board approved the residential security costs "after considering potential security concerns related to Mr. Sarandos's service as an executive." The Committee stressed that it believes "security costs are a necessary and reasonable business expense".
Greg Peters, who will take over the co-CEO role in January 2023, received a compensation package of $40.1 million last year, a significant jump from $28.1 million in 2022. He previously served as COO and Chief Product Officer.
Peters' 2023 salary included $2.9 million in salary, $22.7 million in stock options, a $13.9 million cash bonus and $620,602 for personal use of a companion plane.
In 2023, Sarandos had a base salary of $3 million, stock option awards worth $28.3 million, a $16.5 million cash bonus and other compensation of $1.98 million (which included $620,013 for personal use of company aircraft and $620,013 in residential security costs. $1.3 million was involved), adds 'Variety'.
The compensation committee of the Netflix board approved the residential security costs "after considering potential security concerns related to Mr. Sarandos's service as an executive." The Committee stressed that it believes "security costs are a necessary and reasonable business expense".
Greg Peters, who will take over the co-CEO role in January 2023, received a compensation package of $40.1 million last year, a significant jump from $28.1 million in 2022. He previously served as COO and Chief Product Officer.
Peters' 2023 salary included $2.9 million in salary, $22.7 million in stock options, a $13.9 million cash bonus and $620,602 for personal use of a companion plane.
