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Top Netflix Execs Got Bigger Paychecks in 2020

Netflix Reed Hastings
Reed Hastings

The pandemic boosted Netflix’s subscriber numbers in 2020 and it also boosted compensation for the streaming company’s top executive.

Co-CEO and chairman Reed Hastings got $43.2 million in total compensation, up 12% from $38.6 million a year ago.

Also Read: Netflix Adds Just 4 Million New Subscribers in 1st Quarter

Hastings’ option awards rose to $42.4 million from $37.4 million in 2019.

Co-CEO and chief content officer Ted Sarandos’ pay climbed 13% to $39.3 million from $34.7 million. Sarandos became co-CEO last July and his salary increased to $20 million from $18 million.

Netflix’s new chief communications officer Rachel Whetstone received total compensation of $5.4 million, including a $4.8 million salary.