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

Nice work if you can get it :)


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Perris Calderon wrote on Electronic Punk's profile.
Hey ep!

All good with me, applying for microsoft mvp right now, should have done this a while ago.

Notifications don't work, I only found your response by comming back to hunt up some threads, if you want, give me your email address so we can keep in touch easier, mine is perriscalderon at gmail
Perris Calderon wrote on Electronic Punk's profile.
Ep, glad to see you come back and tidy up...did want to ask a one day favor, I want to enhance my resume , was hoping you could make me administrator for a day, if so, take me right off since I won't be here to do anything, and don't know the slightest about the board, but it would be nice putting "served administrator osnn", if can do, THANKS

Been running around Quora lately, luv it there
Electronic Punk wrote on Perris Calderon's profile.
All good still mate?
Hello, is there anybody in there? Just nod if you can hear me ...

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