HardOCP News
[H] News
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- Dec 31, 1969
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Tanking your company's stock gets you double the salary? You have to be kidding me. Someone please tell me this is a joke.
Netflix Inc doubled Chief Executive Reed Hastings's 2013 salary to $4 million, the video rental company disclosed in a regulatory filing. Of the $4 million, Hastings will receive half in cash and half in stock options. This compares to $500,000 in cash and $1.5 million in stock options the company gave its CEO for 2012.