Reed Hastings Steps Down as Netflix Board Member, Ending Decades-Long Leadership Role
Netflix co-founder Reed Hastings is stepping down from the company's board in June, marking the end of his leadership role at the streaming giant. Hastings, who co-founded Netflix in 1997, will not seek re-election and has already transitioned from co-CEO to chairman. His departure leaves co-CEOs Ted Sarandos and Greg Peters in full control.
Tickers: $NFLX
Topics: Company History Leadership Transition Netflix Reed Hastings