Netflix’s CEOs Earned a Combined $82.5 Million in 2020

Reed Hastings and Ted Sarandos both saw their compensation jump more than 10% last year

Netflix had a record-setting year in 2020 — and its top executives were rewarded handsomely for it, with co-CEOs Reed Hastings and Ted Sarandos bringing home a combined $82.5 million last year, according to a company filing with the SEC on Friday.

Hastings’ compensation jumped 12% last year to $43.2 million, according to the filing. The bulk of that — about $42.43 million — came from stock options; the rest of his compensation included a $650,000 salary and about $147,000 in “other” compensation, which was spent on “personal use of company aircraft.”

Sarandos, meanwhile, was paid $39.3 million last year — up 13% from the $34.7

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