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What happened to Netflix founder Reed Hastings?
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Jan 19, 2023 · As Netflix announced its quarterly earnings, co-founder Reed Hastings revealed that after 25 years of running the company that grew from delivering video disc rentals by mail into a streaming...
- Reports
Reed Hastings is stepping down as Netflix’s co-CEO The new...
- Reports
Jan 19, 2023 · 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...
- 1 min
Jan 20, 2023 · Reed Hastings, who stepped down as Netflix chief executive on Thursday, co-founded a company that has became the byword for a tech revolution in the entertainment business. But, by his own...
Jan 19, 2023 · Key Facts. Former COO Greg Peters will replace Hastings as co-CEO of Netflix, joining the company’s existing Co-CEO Ted Sarandos, while Hastings—a cofounder of the brand—will stay on as the ...
- Marisa Dellatto
Jan 19, 2023 · In stepping down as co-CEO, Hastings will take a huge pay cut: For 2023, as executive chairman, he’s eligible to receive a $500,000 base salary plus $2.5 million in stock options, according to a...
- Todd Spangler
Jan 19, 2023 · Netflix founder and co-CEO Reed Hastings announced Thursday that he would step down after more than two decades at the company. While news of his departure comes as a shock, Hastings noted that...
Jan 20, 2023 · The CEO and co-founder of the streaming giant Netflix has officially stepped down. Reed Hastings has passed over his duties to co-CEO Ted Sarandos and COO Greg Peters. An MIT grad,...