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Netflix Reports 2023 Pay for Co-CEOs Ted Sarandos, Greg Peters
Netflix co-CEO Ted Sarandos earned a bit less in 2023 than the year before — but he still had pay package worth $49.8 million.
That was down from $50.3 million for Sarandos in 2022, according to Netflix’s proxy statement filed Thursday with the SEC.
Greg Peters, who assumed the role of co-CEO in January 2023, had a compensation package last year worth $40.1 million, a significant jump from $28.1 million in 2022. He previously had served as COO and chief product officer.
The Netflix proxy statement came out after the company posted Q1 2024 earnings, in which the company announced that it will no longer report subscriber numbers as of the first quarter of 2025.
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