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Netfix CEO gets stock options slashed

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Stephen Smith
Netfix CEO gets stock options slashed
on Dec 24, 2011 at 4:31:09 am

Netflix CEO Reed Hasting got a 50% reduction in his stock option awards for next year due to sending Netflix into the toilet. I'm wondering why he is still around. Hopefully they have more streaming options around the corner.

Stephen Smith
Utah Video Productions

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David Roth Weiss
Re: Netfix CEO gets stock options slashed
on Dec 25, 2011 at 2:20:35 am

Only a 50% cut? That's actually a reward for poor performance. They should make guys like him pony-up the loses. Sheesh, maybe we taxpayers should bail him out too?

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Stephen Smith
Re: Netfix CEO gets stock options slashed
on Dec 25, 2011 at 3:37:49 am

[David]
maybe we taxpayers should bail him out too?


Ha Ha,that is a good one. Their stock value has dropped 75% so you would think he would at least lose 75%. I’m surprised he has not been fired.

Stephen Smith
Utah Video Productions

Check out my Motion Training DVD

Check out my Vimeo page


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