Netflix Management

Management criteria checks 3/4

Netflix's CEO is Ted Sarandos, appointed in Jul 2020, has a tenure of 4.33 years. total yearly compensation is $49.83M, comprised of 6% salary and 94% bonuses, including company stock and options. directly owns 0.001% of the company’s shares, worth $1.94M. The average tenure of the management team and the board of directors is 4.6 years and 11.3 years respectively.

Key information

Ted Sarandos

Chief executive officer

US$49.8m

Total compensation

CEO salary percentage	6.0%
CEO tenure	4.3yrs
CEO ownership	0.0006%
Management average tenure	4.6yrs
Board average tenure	11.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ted Sarandos's remuneration changed compared to Netflix's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$8b
Jun 30 2024	n/a	n/a	US$7b
Mar 31 2024	n/a	n/a	US$6b
Dec 31 2023	US$50m	US$3m	US$5b
Sep 30 2023	n/a	n/a	US$5b
Jun 30 2023	n/a	n/a	US$4b
Mar 31 2023	n/a	n/a	US$4b
Dec 31 2022	US$50m	US$20m	US$4b
Sep 30 2022	n/a	n/a	US$5b
Jun 30 2022	n/a	n/a	US$5b
Mar 31 2022	n/a	n/a	US$5b
Dec 31 2021	US$38m	US$20m	US$5b
Sep 30 2021	n/a	n/a	US$5b
Jun 30 2021	n/a	n/a	US$4b
Mar 31 2021	n/a	n/a	US$4b
Dec 31 2020	US$39m	US$20m	US$3b
Sep 30 2020	n/a	n/a	US$3b
Jun 30 2020	n/a	n/a	US$3b
Mar 31 2020	n/a	n/a	US$2b
Dec 31 2019	US$35m	US$18m	US$2b
Sep 30 2019	n/a	n/a	US$1b
Jun 30 2019	n/a	n/a	US$1b
Mar 31 2019	n/a	n/a	US$1b
Dec 31 2018	US$30m	US$12m	US$1b
Sep 30 2018	n/a	n/a	US$1b
Jun 30 2018	n/a	n/a	US$990m
Mar 31 2018	n/a	n/a	US$671m
Dec 31 2017	US$22m	US$1m	US$559m

Compensation vs Market: Ted's total compensation ($USD49.83M) is above average for companies of similar size in the PE market ($USD5.78M).

Compensation vs Earnings: Ted's compensation has been consistent with company performance over the past year.

CEO

Ted Sarandos (59 yo)

4.3yrs

Tenure

US$49,834,936

Compensation

Mr. Theodore A. Sarandos, also known as Ted, serves as President at Netflix Inc. USA (formerly known as Netflix, Inc.). since January 2023. He had served as Chief Content Officer of Netflix Inc. USA (forme...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Wilmot Hastings	Co-Founder & Executive Chairman	27.8yrs	US$11.29m	0.50% $ 1.6b
Theodore Sarandos	Co-CEO, President & Director	4.3yrs	US$49.83m	0.00060% $ 1.9m
Gregory Peters	Co-CEO, President & Director	1.8yrs	US$40.12m	0.0031% $ 9.9m
Spencer Neumann	Chief Financial Officer	5.8yrs	US$17.00m	no data
David Hyman	Chief Legal Officer & Secretary	22.8yrs	US$13.68m	0.0074% $ 23.9m
Rachel Whetstone	Chief Communications Officer	6.3yrs	US$6.86m	0.000070% $ 226.2k
Meabe Ezama	Chief Talent Officer	3.2yrs	US$6.38m	0% $ 0
Jeffrey Karbowski	Chief Accounting Officer & Principal Accounting Officer	1.8yrs	no data	no data
Elizabeth Stone	Chief Technology Officer	1.1yrs	no data	no data
Spencer Wang	Vice President of Finance	9.8yrs	no data	no data
Marian Lee	Chief Marketing Officer	2.7yrs	no data	no data
Bela Bajaria	Chief Content Officer	4.8yrs	no data	no data

4.6yrs

Average Tenure

53.5yo

Average Age

Experienced Management: NFLX's management team is considered experienced (4.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Wilmot Hastings	Co-Founder & Executive Chairman	27.8yrs	US$11.29m	0.50% $ 1.6b
Theodore Sarandos	Co-CEO, President & Director	4.3yrs	US$49.83m	0.00060% $ 1.9m
Gregory Peters	Co-CEO, President & Director	1.8yrs	US$40.12m	0.0031% $ 9.9m
Jay Hoag	Lead Independent Director	25.4yrs	US$424.43k	0.066% $ 214.7m
Timothy Haley	Independent Director	26.4yrs	US$424.43k	0% $ 0
Richard Barton	Independent Director	22.5yrs	US$424.43k	0.000060% $ 193.9k
Ann Mather	Independent Director	14.2yrs	US$424.43k	0% $ 0
Leslie Kilgore	Independent Director	12.8yrs	US$424.43k	0.0083% $ 26.7m
Mathias Dopfner	Independent Director	6.2yrs	US$424.72k	0.000010% $ 32.3k
Bradford Smith	Independent Director	9.7yrs	US$424.43k	0.0015% $ 4.9m
Susan Rice	Independent Director	1.2yrs	US$95.83k	no data
Anne Sweeney	Independent Director	9.7yrs	US$424.43k	0% $ 0

11.3yrs

Average Tenure

62.5yo

Average Age

Experienced Board: NFLX's board of directors are seasoned and experienced ( 11.3 years average tenure).

Netflix Management

Management criteria checks 3/4

Key information

Recent management updates

Netflix India Appoints Mahima Kaul Director of Public Policy

Netflix, Inc. Announces Executive Changes

Netflix, Inc., Annual General Meeting, Jun 06, 2024

Netflix, Inc., Annual General Meeting, Jun 06, 2024

Netflix, Inc. Appoints Ambassador Susan Rice to the Board of Directors

Netflix Appoints Arnold Schwarzenegger as Chief Action Officer

Recent updates

Third quarter 2024 earnings released: EPS: US$5.52 (vs US$3.80 in 3Q 2023)

Now 25% overvalued after recent price rise

Netflix, Inc. Revises Revenue Guidance for the Full Year 2024

New minor risk - Share price stability

Netflix, Inc. to Report Q3, 2024 Results on Oct 17, 2024

Netflix India Appoints Mahima Kaul Director of Public Policy

Second quarter 2024 earnings released: EPS: US$4.99 (vs US$3.35 in 2Q 2023)

Netflix, Inc. Announces Executive Changes

Netflix, Inc. to Report Q2, 2024 Results on Jul 18, 2024

Netflix, Inc., Annual General Meeting, Jun 06, 2024

Netflix, Inc., Annual General Meeting, Jun 06, 2024

First quarter 2024 earnings released: EPS: US$5.40 (vs US$2.93 in 1Q 2023)

Netflix, Inc. to Report Q1, 2024 Results on Apr 18, 2024

Netflix Debuts Highly Anticipated Sci-Fi Series "The Three-Body Problem" at SXSW

Texas Supreme Court Allows Defamation Case Against Netflix to Move Ahead

New minor risk - Share price stability

Netflix, Inc. Provides Earnings Guidance for the First Quarter of 2024

Full year 2023 earnings released: EPS: US$12.25 (vs US$10.10 in FY 2022)

Netflix, Inc. to Report Q4, 2023 Results on Jan 23, 2024

New minor risk - Share price stability

Broadcom Inc. Announces German Federal Patent Court Issued A Preliminary Opinion Finding That A Broadcom Patent Related to Hevc/H.265 Video Coding Is Valid.; Netflix Found to Infringe

Third quarter 2023 earnings released: EPS: US$3.80 (vs US$3.14 in 3Q 2022)

Netflix, Inc. Provides Revenue Guidance for the Fourth Quarter of 2023

Evil Genius Games Sues Netflix over Rebel Moon Game

Munich Court Rules Netflix Is Infringing Broadcom Video Patent; Imposes Injunction

Netflix, Inc. to Report Q3, 2023 Results on Oct 18, 2023

Netflix, Inc. Appoints Ambassador Susan Rice to the Board of Directors

Netflix, Inc. Provides Earnings Guidance for the Third Quarter of 2023

Second quarter 2023 earnings released: EPS: US$3.35 (vs US$3.24 in 2Q 2022)

Netflix, Inc.(NasdaqGS:NFLX) dropped from Russell 1000 Value Index

Netflix, Inc. to Report Q2, 2023 Results on Jul 19, 2023

Netflix Appoints Arnold Schwarzenegger as Chief Action Officer

First quarter 2023 earnings released: EPS: US$2.93 (vs US$3.60 in 1Q 2022)

Investor sentiment improves as stock rises 22%

Netflix, Inc. Provides Earnings Guidance for the First Quarter of Fiscal Year 2023

Full year 2022 earnings released: EPS: US$10.10 (vs US$11.55 in FY 2021)

Netflix, Inc. Appoints Jeffrey Karbowski as Chief Accounting Officer, Effective February 13, 2023

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age