The online video streaming company, Netflix (NASDAQ:NFLX), recently posted its compensation plan for the executives of the company. Netflix recently filed an 8-K with the Securities and Exchange Commission whereby the company posted lower salaries for its board members. Where the basic salaries were kept low, the board members were given wide stock options.
Market experts are trying to find answers as to why Netflix (NASDAQ:NFLX) has done so. One set of analysts believe that the board is not happy with the management of the company, and thus wants to punish it. However, the other set believes that the executives are placing their eggs in the stock basket, for they are expecting higher gains for the year 2015.
Let’s have a look at the base salaries of the executives of Netflix (NASDAQ:NFLX). The company’s chairman and chief executive officer, Reed Hastings, has a basic salary of $3 million for the year 2013. However, the figures are cut down to $1 million for the year 2014. As for the chief content officer of the company, Ted Sarandos, the salary came down from $2.8 million to $1 million during the same time period.
Neil Hunt, who is the chief product officer of the company, will get a basic salary of $1 million. The guy previously got $1.75 million in remunerations. The salary of streaming and partnerships officer will stay the same: perhaps the reason is that the basic salary was already at $1 million. What is interesting to note here is the fact that where the salaries of all other executives either went down or remained unchanged, the basic salary of the chief financial officer of Netflix (NASDAQ:NFLX) rose from $0.95 million to $2 million.
Now let’s have a look at the stock options of these executives. The CFO, David Wells, saw a 300 percent increase in its stock options. The total value of stock allowance was recorded to be at $1.675 million. The stock options allowance together with the cash increase in salary brought the total compensation at 145 percent.
The stock options of Greg Peters, streaming and partnership officer, increased by 300 percent, thus bringing the total value to $3.725. The options of Neil Hunt rose by 7.5 percent only. The total salary dropped by 18 percent and came to $2.875 million. But wait. Netflix (NASDAQ:NFLX) has introduced bonuses for its leadership from this year onwards, and word has it that Neil Hunt will be getting a bonus of $5 million next year. As for Sarandos and Peters, chances are that they will get bonuses of $2 million and $1 million respectively.
The market analysts are puzzled as to why the company has done these changes in its salary structure.
The company previously had a cap on its stock options plans. The executives could only use 50 percent of their salaries to pump the stock options. The cap has been removed this year. Where this shows that the executive board has a confidence in the stocks of the company, some of the reasons are not as prominent. The company has also done so in order to avoid the tax payments, for the tax does not apply to the first $1 million of salaries.
Pingback: Blue Coaster33
Pingback: free movie downloads
Pingback: watch movies online
Pingback: tvpackages.net
Pingback: DIRECTV
Pingback: parking
Pingback: fue.mobi
Pingback: lan penge nu uden renter
Pingback: water ionizer
Pingback: car parking
Pingback: alkaline water
Pingback: laan nu og her
Pingback: pay per day loan plans
Pingback: water ionizer plans
Pingback: paypal loans
Pingback: navigate here
Pingback: electricians tool pouch clc
Pingback: locksmith roanoke va
Pingback: plumbing for a bathroom vanity
Pingback: effective plumbing services
Pingback: house blue
Pingback: electricians winston salem
Pingback: official site
Pingback: water ionizer
Pingback: pay plan
Pingback: ppl electric
Pingback: alkaline water
Pingback: car insurance
Pingback: alkaline water
Pingback: link
Pingback: read more
Pingback: Greg Thmomson
Pingback: gmail sign in
Pingback: gmail.com login
Pingback: all of craigslist
Pingback: cna classes denver
Pingback: Melanie Bowen
Pingback: land for sale squamish
Pingback: mortgage broker
Pingback: mortgage broker coquitlam
Pingback: mortgage broker vancouver
Pingback: payday loans canada
Pingback: mortgage calculator canada
Pingback: canadian naional anthem
Pingback: chloroquine phosphate 250 mg
Pingback: levitra generic
Pingback: viagra 100mg
Pingback: cbd oil for pain
Pingback: where to buy cbd oil near me
Pingback: chloroquine aralen
Pingback: buy ciprofloxacin
Pingback: viagra online canada pharmacy
Pingback: generic ventolin inhalers for sale
Pingback: viagra for sale in usa
Pingback: cialis cost
Pingback: generic viagra sildenafil citrate
Pingback: cialis walmart
Pingback: cialis walmart
Pingback: buy careprost
Pingback: buy tylenol online usa
Pingback: cialis free trial
Pingback: cialis generic online usa pharmacy
Pingback: tadalafil online
Pingback: viagra for sale
Pingback: hydroxychloroquine malaria prophylaxis
Pingback: cialis tadalafil
Pingback: happy family store viagra pills
Pingback: drug viagra
Pingback: careprost buy online free shipping
Pingback: buy viagra 100mg
Pingback: buy hydroxychloroquine online
Pingback: boating bc
Pingback: Viagra 150 mg canada
Pingback: Viagra 130mg otc
Pingback: Viagra 50mg otc
Pingback: Viagra 200mg over the counter
Pingback: Viagra 130mg online
Pingback: Viagra 200 mg nz
Pingback: Viagra 50mg coupon
Pingback: how to buy Cialis 40 mg
Pingback: how to purchase Cialis 40 mg
Pingback: Cialis 60 mg price
Pingback: Cialis 20mg coupon
Pingback: Cialis 20mg price
Pingback: how to purchase Cialis 10 mg
Pingback: how to buy Cialis 40 mg
Pingback: sildenafil 130mg coupon
Pingback: cheap levitra 40mg
Pingback: lasix 40 mg usa
Pingback: furosemide 40 mg medication
Pingback: propecia 1mg pharmacy
Pingback: lexapro 20mg purchase
Pingback: abilify 15 mg coupon
Pingback: where can i buy aldactone 100 mg
Pingback: allegra 120 mg without prescription
Pingback: order allopurinol 300mg
Pingback: amaryl 1 mg united kingdom
Pingback: amoxicillin 250 mg for sale
Pingback: ampicillin 500 mg price
Pingback: cheapest antabuse 500mg
Pingback: antivert 25mg over the counter
Pingback: arava 10 mg australia
Pingback: where can i buy strattera 40mg
Pingback: cheap aricept 5mg
Pingback: tamoxifen 10mg no prescription
Pingback: atarax 25 mg without prescription
Pingback: cheapest augmentin 875/125 mg
Pingback: where to buy avapro 150mg
Pingback: baclofen 25 mg united kingdom
Pingback: benicar 10 mg united kingdom
Pingback: Biaxin 500 mg for sale
Pingback: Premarin 0,3 mg uk
Pingback: calcium carbonate 500mg price
Pingback: cardizem without a prescription
Pingback: how to buy casodex 50mg
Pingback: celebrex no prescription
Pingback: cipro 500mg price
Pingback: richmond mortgage broker
Pingback: personal loans online no credit check
Pingback: payday loans online no credit check
Pingback: viagra online generic
Pingback: buy real viagra online cheap
Pingback: viagra uk best price
Pingback: sildenafil 50mg prices
Pingback: online purchase viagra
Pingback: viagra price in india online purchase
Pingback: university essay writing service
Pingback: where to buy viagra online in india
Pingback: cheap differin 15g
Pingback: cheap diltiazem
Pingback: luvox usa
Pingback: macrobid 100 mg united kingdom
Pingback: where to buy periactin
Pingback: tenormin 50mg tablet
Pingback: cefuroxime 500mg online pharmacy
Pingback: trazodone medication
Pingback: oxybutynin coupon
Pingback: 141generic2Exare
Pingback: what to expect from cialis
Pingback: glipizide canada
Pingback: hydrochlorothiazide 10mg coupon
Pingback: order isosorbide
Pingback: loperamide usa
Pingback: cialis 50 mg
Pingback: buy atorvastatin
Pingback: augmentin 875 generic
Pingback: lasix canada pharmacy
Pingback: buy generic zithromax no prescription
Pingback: stromectol generic name
Pingback: combivent cheap
Pingback: metoprolol 25mg uk
Pingback: clotrimazole pharmacy
Pingback: doxycycline spectrum
Pingback: prednisolone brand names
Pingback: clomid constipation
Pingback: priligy de 20
Pingback: diflucan and antibiotics
Pingback: metoclopramide 10mg pharmacy
Pingback: synthroid rash
Pingback: compare prices propecia
Pingback: neurontin pill identifier
Pingback: metformin not working
Pingback: paxil com
Pingback: plaquenil online
Pingback: tinder for laptop
Pingback: lovoo status sprüche männer
Pingback: free datin site
Pingback: priligy fast delivery uk
Pingback: new hydroxychloroquine study
Pingback: hydroxychloroquine patient assistance
Pingback: hydroxychloroquine mange treatment
Pingback: is hydroxychloroquine available otc
Pingback: hydroxychloroquine substitute
Pingback: generic stromectol online
Pingback: generic priligy online
Pingback: ic stromectol 6
Pingback: get plaquenil online
Pingback: humans antiparasitic stromectol trihydrate potassium antiparasitic
Pingback: cadista 40mg
Pingback: stromectol 875 mg tablet
Pingback: stromectol 1 gram
Pingback: ivermectin for humans walmart
Pingback: where to buy ivermectin for covid 19
Pingback: otc male viagra
Pingback: Arie Baisch
Pingback: Chirurgie Tunisie
Pingback: National Chi Nan University
Pingback: احسن جامعه فى مصر
Pingback: What is a student life
Pingback: Campus facilities
Pingback: Business education in Egypt
Pingback: مناهج ماجستير إدارة الأعمال في مصر
Pingback: Transparency and credibility
Pingback: fue
Pingback: Development Studies
Pingback: Political Science degree
Pingback: Educational Activities
Pingback: Educational Activities for pharmacy students at future university
Pingback: Immunizations
Pingback: Dissolution apparatus
Pingback: Future University
Pingback: Bachelor's Degree
Pingback: افضل كلية اسنان في مصر
Pingback: دكتور اسنان بالقرب مني
Pingback: Dentistry internship
Pingback: graduation requirements
Pingback: research and innovation
Pingback: Computer Engineering
Pingback: fue
Pingback: top university in egypt
Pingback: MBA courses in Egypt
Pingback: Pharmaceutical Analytical Chemistry
Pingback: Apply now to future university in egypt
Pingback: Graduate programs at future university
Pingback: استمارة طلب التقديم بجامعة المستقبل
Pingback: ما هي افضل الكليات الخاصه
Pingback: vardenafil 40 mg
Pingback: Ethical Marketing practices
Pingback: Political Internship
Pingback: رسالة كلية الاقتصاد والعلوم السياسية
Pingback: Faculty of economics Contact
Pingback: Medicinal Chemistry