Netflix said today its plans to award its co-chief operating officers identical compensation packages for 2024 worth $40 million each.
Ted Sarandos and Greg Peter will get a $3 billion base salary; a target bonus of $6 million; a RSU award with a total value of $15.5 million and a PSU award also valued at $15 million. RSUs are restricted stock units. PSUs are performance-based restricted stock units.
More to come…
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