A Difference in Compensation: The capture of Hastings is more closely linked to Netflix's equity. His base salary will be $ 700,000, while Sarandos will receive a salary of $ 18 million.
It's the first time in recent years that Netflix is rewarding its two top executives alike, showing how much the company values Sarandos. Netflix continues to add new original shows, films, documentary films and comedy specials to pay for the best in the world.
Hastings' salary increased 7% over the previous year ̵
Chief Financial Officer David Wells, Product Manager Greg Peters and General Counsel David Hyman also saw significant growth.
A spokesman for Netflix declined to comment.
Netflix shares rose 33% overall in 2018, despite recent market turmoil that had pushed the stock down one-third from three months ago.