David Hyman joined Netflix in 2002, five years after its founding. Credit: Jason Doiy/ALM Netflix CLO's Pay Hits Record, But Big Changes Loom
A revised executive pay program kicked in Jan. 1 that links pay more closely with performance. No longer will execs be able to choose how much of their comp is in the form of salary.
April 19, 2024 at 06:32 AM
4 minute read
Lawyer Compensation - In-House
David Hyman, who's been Netflix's legal chief for more than two decades, received compensation totaling $13.7 million in 2023, his biggest pay haul ever.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
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