# Ted Sarandos and Greg Peters were named Co-CEOs in 2023.

*business · news · 2026-04-16 · Deadline*

## Key points

- Ted Sarandos and Greg Peters' 2025 compensation each exceeded $53 million but decreased from 2024.
- Netflix’s annual shareholder meeting is set for June 4, 2025.
- Reed Hastings will not stand for re-election, ending his nearly 30-year run at Netflix.
- CFO Spence Neumann received $20.8 million in compensation, a decrease from $22.9 million in 2024.

**Companies:** Netflix
**Countries:** United States

[Read the full story on Deadline](https://deadline.com/2026/04/netflix-ted-sarandos-greg-peters-compensation-2025-1236863600/)

---

Canonical: https://newsio.io/n/0964a4c8-389d-4d0a-a51b-640b3977703c/ted-sarandos-and-greg-peters-were-named-co-ceos-in-2023-the-two-veteran-execs-we
Summarized by Newsio from Deadline. https://newsio.io/how-it-works
