Netflix co-CEO Ted Sarandos saw his total compensation dip slightly to $49.8 million in 2023, compared to $50.29 million in 2022, after the streamer made changes to its executive pay policies.
The compensation package included a $3 million base salary, $28.3 million in option awards, $16.5 million in nonequity incentive plan compensation and $1.98 million in “other” compensation, including $13,200 in company matching contributions to his 401(k) plan, $55,913 for car services, $620,013 for his personal use of company aircraft and $1.3 million in residential security costs. In comparison, Sarandos’ 2022 package included a $20 million base salary, $28.5