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. Hastings' total pay for 2012 was down 43 percent from $3.5 million in 2011, when some controversial decisions, including a...
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. Hastings' total pay for 2012 was down 43 percent from $3.5 million in 2011, when some controversial decisions, including a...
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