Netflix’s Reed Hastings Receives $28.7 Million Stock Option Grant

Netflix CEO Reed Hastings received a stock option grant worth $28.7 million for the coming year, according to documents filed today with the Securities and Exchange Commission. Hastings will bring in an annual salary of $700,000 in 2018. Chief Content Officer Ted Sarandos will earn $12 million in 2018, and receive options valued at nearly $14.3 million. The compensation comes at a time when Netflix is growing aggressively in international markets, and has changed the…

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