Netflix Shareholders Reject Executive Pay Packages in Symbolic Move, After WGA Urged Investors to Vote Against Them

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Netflix Shareholders Reject Executive Pay Packages in Symbolic Move, After WGA Urged Investors to Vote Against Them
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In a symbolic rebuke of Netflix’s top executives, company shareholders voted against approving the compensation packages of leaders including co-CEOs Ted Sarandos and Greg Peters. At the stre…

’s top executives, company shareholders voted against approving the compensation packages of leaders including co-CEOs Ted Sarandos and Greg Peters.

At the streamer’s June 1 annual shareholders meeting, investors withheld support for the exec pay packages for 2023. But the vote was a non-binding “say on pay” measure, meaning Netflix’s board can disregard the result.had urged investors to vote against Netflix’s exec compensation measures.

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