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 Hastingsβ exit indirectly, noting the results of Thursdayβs annual shareholder meeting. Venture capitalist Jay Hoag, a longtime Netflix investor and board member, was elected chairman [β¦]
Itβs a changing for the guard at the top of Netflixβs board. Executive chairman Reed Hastings, the companyβs co-founder who served as CEO for 25 years and drove it to become the worldβs leading premium streamer, officially departed the Netflix board following the June 4 annual shareholders meeting. As previously announced, Netflix said Hastings is [β¦]