Netflix Co-Founder Reed Hastings to Step Down from Board
Netflix co-founder and chairman Reed Hastings is leaving the company's board when his term expires in June. He will focus on philanthropy and other pursuits, as stated in the company's first-quarter earnings report. Hastings has been a key figure in Netflix's transformation from a DVD-by-mail service to a global streaming giant.

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Topics: board changes corporate leadership executive departure Netflix Reed Hastings