Netflix Co-CEO Ted Sarandos Sees 2023 Pay Package Push $50 Million

Netflix co-CEO Ted Sarandos saw a 2023 compensation package valued at $49.8 million, down a hair from the year before but with one big change — he took more in option awards than in cash after the streamer changed its pay policies. Sarandos had a $3 million base salary last year, up from $20 million the year before. Option awards worth $28.3 million compared with $28.5 million. In 2023, he was also awarded a non-equity incentive plan compensation — like a cash bonus — for $16.5 million, according to the co ...