Netflix Exec Ted Sarandos Made 19 Percent More in 2017 vs Prior Year

He joins CEO Reed Hastings in streaming service’s north-of-$22-million club

Last Updated: April 23, 2018 @ 6:26 AM

It’s still (very) good to work at Netflix. Chief Content Officer Ted Sarandos hauled in 19 percent more in total compensation last year versus his 2016 take, topping out at $22.4 million.

While he’s catching up to President, Chairman and CEO Reed Hastings, Sarandos is not quite there yet. Sarandos scored a cool $24.4 million last year, according to an SEC filing.

Sarandos’ all-in pay basically breaks down like this:
$1 million in salary
$12.4 million in options awards
$9 million in non-equity incentive plan compensation

Sarandos also received $8,100 under the catch-all heading “All Other Compensation,” but Sarandos can just blow that all on hats.

Ted’s boss Mr. Hastings has a lower salary at $850,000, though a massive amount in the options category: $23.5 million, anybody?

Click here for an idea of how much this dynamic duo will ring the cash register for in 2018.