Reed Hastings, co-founder and co-CEO of Netflix, has stepped down as chief executive officer.He remains an employee of the company, serving as executive chairman of the board. Ted Sarandos, co-CEO ...

Hastings is worth an estimated $3.3 billion, according to Forbes estimates. The 62-year-old owns about 2% of Netflix, which went public in 2002. Sarandos was promoted to co-CEO in 2020.

Netflix's co-founder Reed Hastings is leaving his co-CEO role and will stay on as executive chairman. Greg Peters, chief operating officer, has been promoted to co-CEO and will share that title ...

Netflix Shocker: Reed Hastings to Exit Co-CEO Role, Will Remain as Executive Chairman. Greg Peters has been promoted to co-CEO alongside Ted Sarandos, with Bela Bajaria and Scott Stuber also being ...

Hastings, 62, had been Netflix’s CEO for more than 20 years after taking over the role from his friend and fellow company co-founder Marc Randolph in the late 1990s.

Netflix Founder and CEO Reed Hastings in 2017. Stating “even founders need to evolve,” the former CEO said the company’s board spent “many years” discussing succession plans.

Netflix co-founder Reed Hastings to step down as CEO 04:20. Reed Hastings, co-founder of Netflix, is stepping down from the CEO post at the company he founded 25 years ago.

Reed Hastings, the former CEO of Netflix that now serves as the streamer’s chairman, has been appointed to the board of directors of Anthropic, the AI company announced on Wednesday.. Hastings ...

Reed Hastings, the former CEO of Netflix that now serves as the streamer's chairman, has been appointed to the board of directors of Anthropic, the AI company announced on Wednesday. Hastings has ...

Reed Hastings, co-founder and longtime former CEO of Netflix, is shifting from executive chairman to chairman of the board. The move to a non-executive role on the board was described by the ...

Netflix announced Thursday that its founder Reed Hastings is stepping down as co-CEO at the company and will serve as executive chairman. Hastings will be replaced by co-CEOs Ted Sarandos and Greg ...

Reed Hastings, Netflix co-CEO and one of the company’s co-founders, is stepping down. In his place, the streaming service’s board has appointed two executives to lead the company together: Ted ...