Netflix Shareholders Decline To Back Top Exec Compensation After WGA Urged Rejection Of “Inappropriate” Pay During Strike

Netflix shareholders declined to support the 2023 pay packages of top executives during a non-binding vote at the company’s annual shareholder meeting on Thursday.

The pay proposal, one of several put up for a vote during the 15-minute meeting, which was streamed online, pertained to senior-level executives including Co-CEOs Greg Peters and Ted Sarandos and co-founder and board chair Reed Hastings. The exact tally of the vote will be released in a subsequent SEC filing.

Source: Netflix Shareholders Decline To Back Top Exec Compensation After WGA Urged Rejection Of “Inappropriate” Pay During Strike – Deadline