{"id":577006,"date":"2023-06-02T02:08:14","date_gmt":"2023-06-01T23:08:14","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/netflix-shareholders-reject-exec-pay-packages-days-after-writers-guild-urged-no-vote\/"},"modified":"2023-06-02T02:08:14","modified_gmt":"2023-06-01T23:08:14","slug":"netflix-shareholders-reject-exec-pay-packages-days-after-writers-guild-urged-no-vote","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/netflix-shareholders-reject-exec-pay-packages-days-after-writers-guild-urged-no-vote\/","title":{"rendered":"#Netflix Shareholders Reject Exec Pay Packages, Days After Writers Guild Urged \u201cNo\u201d Vote"},"content":{"rendered":"<div>\n<p class=\"paragraph larva \/\/  a-font-body-m     \">\n    In a rare rebuke of corporate executive compensation, Netflix shareholders rejected the pay packages for top executives at the company, including co-CEO Ted Sarandos, former co-CEO Reed Hastings, and Greg Peters, who was COO of the company last year and was elevated to the co-CEO role earlier this year.<\/p>\n<p class=\"paragraph larva \/\/  a-font-body-m     \">\n    The \u201cno\u201d vote on the \u201cSay on Pay\u201d proposal is non-binding, but in the past such no votes have led to changes in how executive pay is handed out in the future. It was not im<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>tely clear how wide a margin the vote failed by.<\/p>\n<p class=\"paragraph larva \/\/  a-font-body-m     \">\n    In fact, Netflix dealt with this exact issue in 2019, engaging with shareholders after they rejected its compensation plans.<\/p>\n<p class=\"paragraph larva \/\/  a-font-body-m     \">\n    The vote also comes just a few days after the WGA urged Netflix shareholders to vote down the pay packages, with WGA West president Meredith Stiehm writing that \u201cwhile investors have long taken issue with Netflix\u2019s executive pay, the compensation structure is even more egregious against the backdrop of the strike.\u201d<\/p>\n<p class=\"paragraph larva \/\/  a-font-body-m     \">\n    The union sent a similar letter to Comcast shareholders, with that company set to hold its shareholder meeting next week.<\/p>\n<p class=\"paragraph larva \/\/  a-font-body-m     \">\n    It is also not clear just how influential the WGA letter was in getting the \u201cno\u201d vote, especially given that it was sent just days before the shareholder meeting, after when many institutional shareholders would have voted. <\/p>\n<p class=\"paragraph larva \/\/  a-font-body-m     \">\n    <em>More to come<\/em>.<\/p>\n<\/p><\/div>\n<p><script type=\"text\/plain\" class=\"optanon-category-C0004\">\n!function(f, b, e, v, n, t, s) {\nif (f.fbq) return;\nn = f.fbq = function() {n.callMethod ? n.callMethod.apply(n, arguments) : n.queue.push(arguments);};\nif (!f._fbq) f._fbq = n;\nn.push = n;\nn.loaded = !0;\nn.version = '2.0';\nn.queue = [];\nt = b.createElement(e);\nt.async = !0;\nt.src = v;\ns = b.getElementsByTagName(e)[0];\ns.parentNode.insertBefore(t, s);\n}(window, document, 'script', 'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\nfbq('init', '352999048212581');\nfbq('track', 'PageView');\n<\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more Like this articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/social-media\/\" target=\"_blank\" rel=\"noopener\">Social Media category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/www.hollywoodreporter.com\/business\/business-news\/netflix-shareholders-reject-ceo-pay-wga-urged-no-vote-1235505763\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a rare rebuke of corporate executive compensation, Netflix shareholders rejected the pay packages for top executives at the company, including co-CEO Ted Sarandos, former co-CEO Reed Hastings, and Greg Peters, who was COO of the company last year and was elevated to the co-CEO role earlier this year. The \u201cno\u201d vote on the \u201cSay&#8230;<\/p>\n","protected":false},"author":1,"featured_media":577007,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.hollywoodreporter.com\/wp-content\/uploads\/2023\/06\/ted-reed.jpg?w=1024","fifu_image_alt":"","footnotes":""},"categories":[17],"tags":[1377,67473,70801,93648,142867],"class_list":["post-577006","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-social-mediaa","tag-netflix","tag-reed-hastings","tag-ted-sarandos","tag-wga","tag-writers-strike"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/577006","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=577006"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/577006\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/577007"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=577006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=577006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=577006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}