Green Is the New Black: Netflix CEO Scores $2 Million Raise Next Year


Chances are your new year won’t be as happy as Reed Hastings’

The Netflix CEO will receive a $2 million raise, a 50% pay bump, in 2014, according to a Reuters report based on regulatory filings. The additional compensation will be a combination of $1 million each of cash and stock.

Just more than two years ago, it appeared as though Hastings had backed himself into a corner. After co-founding Netflix in 1998 and building its streaming service, he made a bold move in 2011 to split the company in two. The move was widely criticized and the company eventually …

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Via: Mashable: Business

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