Latest Reed Hastings News

FILE - In this Feb. 28, 2017, file photo, Netflix Founder and CEO Reed Hastings smiles during an interview in Barcelona, Spain. Hastings and his wife, Patty Quillin, are donating $120 million toward student scholarships at historically black colleges and universities. (AP Photo/Manu Fernandez, File)

Netflix CEO to donate $120M to historically black colleges

Jun. 17, 2020 5:12 PM EDT

Netflix CEO Reed Hastings and his wife, Patty Quillin, are donating $120 million toward student scholarships at historically black colleges and universities. The couple is giving $40 million to each of three institutions: the United Negro College Fund, Spelman College and Morehouse College. The organizations...

This photo combo shows from left,  General Motors Chairman and Chief Executive Officer Mary Barra, David M. Zaslav, President and Chief Executive Officer of Discovery Communications, Lisa Su, president and CEO of AMD, Walt Disney Company Chairman and CEO Robert A. Iger and Netflix Founder and CEO Reed Hastings. The typical pay package for CEOs at the biggest U.S. companies topped $12.3 million in 2019, and the gap between the boss and their workforces widened further, according to AP’s annual survey of executive compensation.  (AP Photo/File)

AMD’S Su, Discovery’s Zaslav among highest paid CEOs

May. 27, 2020 1:35 PM EDT

Here are the highest paid male and female CEOs in the S&P 500 index for 2019, as calculated by The Associated Press and Equilar, an executive data firm. The AP’s compensation study covered 329 executives at S&P 500 companies who have served at least two full consecutive fiscal years at their...

This photo combo shows from left,  General Motors Chairman and Chief Executive Officer Mary Barra, David M. Zaslav, President and Chief Executive Officer of Discovery Communications, Lisa Su, president and CEO of AMD, Walt Disney Company Chairman and CEO Robert A. Iger and Netflix Founder and CEO Reed Hastings. The typical pay package for CEOs at the biggest U.S. companies topped $12.3 million in 2019, and the gap between the boss and their workforces widened further, according to AP’s annual survey of executive compensation.  (AP Photo/File)

CEO pay has topped $12.3M. Can it keep rising post-pandemic?

May. 27, 2020 1:30 PM EDT

The typical pay package for CEOs at the biggest U.S. companies topped $12.3 million last year, and the gap between the boss and their workforces widened further, according to AP’s annual survey of executive compensation. Median pay for CEOs in the survey climbed 4.1% last year. For the typical worker at...