CEO · NFLX
Ted Sarandos
CEO$Executive Intelligence

Ted Sarandos

Co-CEO · Netflix NFLX
$61.9M
FY2024 total compensation
Filed · DEF 14A

Netflix’s co-CEO and long-time content chief, who turned a DVD-by-mail company into the world’s dominant streaming and original-content studio.

CEO since2023
Born1964
Pay rank#8 of 50 tracked

Pay vs performance

what happened while he earned it
CEO compensation$61.9M
S&P 500 · since 2024+38.4%
Revenue · YoY+15.9%
EPS · YoY+27.8%
CEO tenure3 yrs

No score, no opinion. Compensation is filed; stock and S&P are market returns over the window shown; revenue and EPS are latest reported vs the prior year. You decide.

Why this pay?

  • As co-CEO he is paid separately from Peters. His fiscal 2024 Summary Compensation Table total was $61.9 million, dominated by the grant value of stock, making him consistently one of the highest-paid executives in media.

Worth knowing

Netflix launched in 1998 mailing DVDs to customers in red envelopes. It did not stream a single video until 2007 — a decade before it became a household word for online video.

Source: Company history · More facts →

Quick facts

CEO since2023
PreviouslyNetflix
Largest pay componentStock & options · 67%
Pay rank (tracked)#8 of 50
EducationGlendale Community College (attended)

Compensation breakdown

DEF 14A
total · FY2024$61,922,397
Salary$3,000,000
Cash incentive$15,700,000
Stock awards$41,400,000
All other comp$1,822,397
Total$61,922,397

Netflix has two co-CEOs; this is Sarandos’s own SCT line, paid separately from Greg Peters. Source: Netflix 2025 Proxy (FY2024)

Compensation history

salary + cash vs stock, from the proxies
$49.8MFY2023
$61.9MFY2024
Stock & optionsSalary & cashOther

Related intelligence

every filing on Netflix, one hop away

Career

2023-presentCo-CEO · Netflix
2020-2023Co-CEO & Chief Content Officer · Netflix
2000-2020Chief Content Officer · Netflix

Compare pay with

Every figure ties to a filing. Compensation is the total from Netflix's Summary Compensation Table for FY2024(grant-date values, which can differ from what an executive realizes when awards vest). We publish what the filings say, and we don't grade people. Photo: UKinUSA / CC BY-SA 2.0 / Wikimedia Commons.