"It is a positive step, but probably falls under the category of 'too little too late,'" former activist investor Rosanna Landis Weaver said.
June 11, 2024 at 03:17 PM
4 minute read
The original version of this story was published on Corporate Counsel
Netflix shareholders, who in 2022 and 2023 resoundingly rejected the company’s executive pay program in non-binding say-on-pay votes, are signaling their hearty support for a revised plan rolled out in December.
The pay program received 82% shareholder support at the June 6 annual meeting, according to a Securities and Exchange Commission filing late June 7.
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