Netflix co-CEOs Ted Sarandos and Greg Peters saw their compensation come in just above $53 million in 2025, which actually marked a decrease in the chiefs’ pay packages from 2024.
The streamer announced the CEOs’ pay in an SEC filing Thursday, which came out just as the Netflix execs were fielding analyst questions about their first-quarter 2026 earnings during a live-streamed interview.
According to the filing, Sarandos and Peters both received a base salary of $3 million in 2025 and stock awards of $41.4 million. Neither of the co-CEOs had bonuses or option awards for the year. Each received a non-equity incentive plan compensation of more than $7 million. “All other compensation” for Sarandos stood at $2.5 million and for Peters it was $1.7 million.
In total, Sarandos’ pay package for 2025 was $53.9 million and Peters’ was $53.2 million. In 2024, Sarandos’ compensation was $62 million and Peters’ was $60 million.
More to come…
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