By Ben GlickmanNetflix approved compensation programs for co-chief executives Ted Sarandos and Greg Peters, with each having target compensation of $40 million. Netflix said in a regulatory filing that it would no longer allow executives to choose how much of their compensation was paid in cash and stock options. Nextracker Chief Executive disclosed Friday that he recently purchased nearly 38,000 shares of the company at an average price of $39.63. Near Intelligence voluntarily filed for Chapter 11 bankruptcy protections and will look to sell its assets. Write to Ben Glickman at ben.glickman@wsj.com(END) Dow Jones NewswiresDecember 08, 2023 19:07 ET (00:07 GMT)Copyright (c) 2023 Dow Jones & Company, Inc.

Source: Wall Street Journal December 09, 2023 12:17 UTC