Netflix Co-Founder Reed Hastings to Leave Board in June
Netflix co-founder Reed Hastings is stepping down from the company's board in June, raising concerns about the company's future. His departure follows the company's decision to abandon its planned acquisition of Warner Bros. assets. Netflix's stock has been underperforming, declining by 16% over the past year.
Tickers: $NFLX
Topics: board changes corporate leadership executive departure Netflix