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At the scale of Netflix, as long as keeping this guy around for $40m improves the value of the business by 0.02%, it would be irresponsible as a fiduciary to re
by highfrequency 3y ago
At the scale of Netflix, as long as keeping this guy around for $40m improves the value of the business by 0.02%, it would be irresponsible as a fiduciary to replace him with a cheaper CEO. Given that Sarandos has been in charge of content at Netflix for 23 years and likely had something to do with the business's past success, this does not seem like a big stretch.
- badpun 3y ago> At the scale of Netflix, as long as keeping this guy around for $40m improves the value of the business by 0.02%, The question is also, would he quit if they cut his compensation in half? If not, it's free money for the business. The companies nickle and dime every one of its business relations, why shouldn't they do it to the CEO? He's one of the bigger expense lines.
- Osiris 3y agoHow do you know the replacement CEO wouldn’t increase the value by >0.03%?
- snovv_crash 3y ago0.02% this year