News Netflix’s CEO compensation increase by 68%

Netflix’s CEO Reed Hastings saw his overall compensation increase by 68%, a proxy that the DVD rental and online streaming company filed today at the SEC reveals. While this data is somewhat hidden by the fact that his salary decreased, it is unlikely to please the company’s shareholders after a difficult year.

As you can see on this chart, Reed Hastings’ salary went down to $500,000 in 2011, compared to $519,231 in 2011. However, his stock option award increased greatly, heavily impacting his total compensation

This may come as a surprise to shareholders, as Hastings took the blame for Netflix’s erratic strategy in 2011. As you may remember, the company announced that it would spin off its DVD rental business and name it ‘Qwikster’, before backtracking mere weeks later.

:source: Source: thenextweb

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Also Hi EP and people. I found this place again while looking through a oooollllllldddd backup. I have filled over 10TB and was looking at my collection of antiques. Any bids on the 500Mhz Win 95 fix?
Any of the SP crew still out there?
Xie wrote on Electronic Punk's profile.
Impressed you have kept this alive this long EP! So many sites have come and gone. :(

Just did some crude math and I apparently joined almost 18yrs ago, how is that possible???
hello peeps... is been some time since i last came here.
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Rest in peace my friend, been trying to find you and finally did in the worst way imaginable.

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