How SARANDOS was paid
$53.9M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Bonus | Stock | Options | Incentive | Other | Total |
|---|---|---|---|---|---|---|---|
| TED SARANDOSco-Chief Executive Officer and President | $3,000,000 | — | $41,398,424 | — | $7,053,958 | $2,453,590 | $53,905,972 |
| GREG PETERSco-Chief Executive Officer and President | $3,000,000 | — | $41,398,424 | — | $7,053,958 | $1,734,925 | $53,187,307 |
| REED HASTINGSFormer Executive Chairman of the Board | $33,846 | — | $936,421 | $271,234 | — | $612 | $1,242,113 |
| SPENCER NEUMANNChief Financial Officer | $2,000,000 | — | $14,022,432 | — | $4,702,639 | $108,979 | $20,834,050 |
| DAVID HYMANChief Legal Officer | $2,000,000 | — | $8,681,008 | — | $4,702,639 | $17,134 | $15,400,781 |
| CLETE WILLEMSChief Global Affairs Officer | $761,539 | $2,750,000 | $8,865,531 | — | $1,917,130 | $39,895 | $14,334,095 |
What changed and why
- $53.9MTed Sarandos received total compensation of $53,905,972 in 2025 compared to $61,922,397 in 2024.
- $53.2MGreg Peters received total compensation of $53,187,307 in 2025 compared to $60,272,574 in 2024.
- 117.57%The 2025 bonus program paid out at approximately 117.57% of target based on F/X neutral revenue and operating margin.
- $4.3MClete Willems joined the company as Chief Global Affairs Officer with a sign-on bonus of $4,250,000.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.