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Reed Hastings Officially Exits Netflix As Shareholder Vote Confirms New Board Chairman

UPDATED with shareholder vote results. Reed Hastings is officially no longer affiliated with Netflix, the streaming giant he co-founded 29 years ago. In an SEC filing Friday, the company confirmed Hastings’ exit indirectly, noting the results of Thursday’s annual shareholder meeting. Venture capitalist Jay Hoag, a longtime Netflix investor and board member, was elected chairman […]

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Reed Hastings Officially Leaves Netflix Board, Jay Hoag Becomes Chairman

It’s a changing for the guard at the top of Netflix’s board. Executive chairman Reed Hastings, the company’s co-founder who served as CEO for 25 years and drove it to become the world’s leading premium streamer, officially departed the Netflix board following the June 4 annual shareholders meeting. As previously announced, Netflix said Hastings is […]

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