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Netflix co-founder Reed Hastings to leave board in June

techApr 16, 20268226

Netflix Chairman and co-founder Reed Hastings will leave the company's board when his term expires at the June annual meeting and will not stand for re-election. Hastings co-founded Netflix 29 years ago and helped steer its evolution from a DVD-by-mail company into a global streaming platform. His departure comes as Netflix says it is regaining its footing, and the board seat will be vacant following the June shareholder vote.

Key Highlights

Reed Hastings will not seek re-election and leaves at the June annual meeting.
Hastings co-founded Netflix 29 years ago and served as chairman.
Netflix says it is regaining its footing amid this leadership change.
3 sources
thedesk.netNetflix sees modest bump in revenue during Q1; Reed Hasting to leave boardchannelnewsasia.comNetflix co-founder Reed Hastings to exit in Junecnznews.comNetflix co-founder Reed Hastings is officially leaving the company

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