Netflix CEO Reed Hastings' 2019 pay rises 7% to $39M
Netflix reports 2019 executive compensation
By ExecPay News
Published: April 22, 2020
Netflix reported fiscal year 2019 executive compensation information on April 22, 2020.
In 2019, seven Netflix executives received on average a compensation package of $18M, a 9% increase compared to previous year.
Average pay of disclosed executives at Netflix
Reed Hastings, Chief Executive Officer, received $39M in total, which increased by 7% compared to 2018. 97% of Hastings' compensation, or $37M, was in option awards. Hastings also received $700K in salary and $466K in other compensation.
For fiscal year 2019, the median employee pay was $202,931 at Netflix. Therefore, the ratio of Reed Hastings' pay to the median employee pay was 190 to one.
Ted Sarandos, Chief Content Officer, received a compensation package of $35M, which increased by 17% compared to previous year. 52% of the compensation package, or $18M, was in salary.
Greg Peters, Chief Product Officer, earned $19M in 2019, a 26% increase compared to previous year.
Spencer Neumann, Chief Financial Officer, received $12M in 2019.
Kelly Bennett, Chief Marketing Officer, earned $9.2M in 2019, a 43% increase compared to previous year.
David Hyman, Chief Legal Officer, received $8.2M in 2019, which increases by 27% compared to 2018.
David Wells, Chief Financial Officer, earned $5.1M in 2019, a 12% decrease compared to previous year.
Related executives
Reed Hastings
Netflix
Chief Executive Officer
Spencer Neumann
Netflix
Chief Financial Officer
Ted Sarandos
Netflix
Chief Executive Officer
Greg Peters
Netflix
Chief Operating Officer
David Hyman
Netflix
Chief Legal Officer
Kelly Bennett
Netflix
Chief Marketing Officer
David Wells
Netflix
Chief Financial Officer
You may also like
Source: SEC filing on April 22, 2020.