Co-founder Reed Hastings to step down from Netflix board
Chairās decision to not seek re-election in June ānot as a result of any disagreementā, company says in SEC filingNetflix chair Reed Hastings is leaving the streaming service he co-founded 29 years ago as the company regains its footing after it lost its $72bn deal for Warner Bros Discovery.In a letter to investors released on Thursday, Netflix said Hastings will not stand for re-election at its annual meeting in June and plans to focus on philanthropy and other pursuits. Continue reading...
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