Money | Netflix Netflix Gives Eye-Popping Raise to CEO Reed Hastings gets rewarded for stock's meteoric rise By Kevin Spak Posted Dec 31, 2013 8:50 AM CST Copied Reed Hastings, CEO of Netflix, announces Netflix's expansion to Toronto, Canada, Sept. 22, 2010. (AP Photo/The Canadian Press, Adrien Veczan) Netflix CEO Reed Hastings is being rewarded handsomely for the network's recent success in the original content game. The CEO's pay will jump 50% in 2014, according to regulatory filings spotted by Reuters. He'll make $6 million, split evenly between stock and cash. Other top executives will get a pay raise, too. The raises come after Netflix's stock rose nearly 300% in 2013, and the news marks qute a turnaround for Hastings from 2011. Read These Next Suspect arrested near Lionel Richie's home. An NFL rule change has opened up an interesting strategy She didn't get her 10 wings, so she caused $10K in damage. Villanova's 'cruel hoax' a sign of a bigger problem. Report an error