Netflix CEO pay nicked

Full story: Bahamas News.Net

Netflix, the online and mail-order video service predicting losses for next year, cut the annual stock-option allowance for CEO Reed Hastings by half to $1.5 million.

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Options Golden Georgetown, MA	Reply » \| Report Abuse \| Judge it! \| #1 Dec 23, 2011 Stock options golden for Reed and stockholders: Stock down so far it can only go up so Options cheap now but can be sold at future higher prices. Stockholders can bet that CEO will be striving very hard to accomplish that.
my truths “truth is a three edged sword” Since: Jan 11 3,454 Babylon 5, Epsilon Eridani	Reply » \| Report Abuse \| Judge it! \| #2 Dec 23, 2011 they should have taken away all his stock options.
MrDesoto1 “Reason's Greetings” Since: Feb 11 2,959 Pale Blue Dot	Reply » \| Report Abuse \| Judge it! \| #3 Dec 23, 2011 Poor Guy! Next year he'll only make $500,000.00 in salary, and he'll still get $1.5 million in stock options. And he gets all that for continuing to drive his company into the ground. Sorry Greed Hastings, but Blockbuster has been treating me quite well since I dumped Netflx last summer.
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