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Initech

(100,173 posts)
Sun Dec 30, 2012, 03:37 PM Dec 2012

Reed Hastings (Netflix CEO) pay to double after salary cut

Reed Hastings' Pay Doubled To $4 Million After Netflix CEO's Salary Cut In 2012

LOS ANGELES (AP) — Netflix CEO Reed Hastings' pay will double to $4 million next year, after he took a pay cut due to management missteps this year.

Hastings' annual salary will rise to $2 million in 2013 and he will get $2 million in stock options, according to a securities filing Friday.

That's up from a salary of $500,000 and $1.5 million in stock options for 2012.

http://www.huffingtonpost.com/2012/12/28/reed-hastings-pay_n_2378297.html


Blood sucking leeches.
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Reed Hastings (Netflix CEO) pay to double after salary cut (Original Post) Initech Dec 2012 OP
I guess it's time to cancel my Netflix RomneyLies Dec 2012 #1
I haven't seen anything that justifies a $4 million salary. Panasonic Dec 2012 #2
 

Panasonic

(2,921 posts)
2. I haven't seen anything that justifies a $4 million salary.
Sun Dec 30, 2012, 03:47 PM
Dec 2012

If anything at all, that additional $2 million should go to the WORKERS who have worked very hard in a warehouse as a raise and a bonus.

The CEO should not be making more than $500,000. Period.

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