Reed Hastings Steps Away from Netflix Board in June, Following a Solid Q1 Result

Reed Hastings, the co-founder who transformed Netflix from a humble DVD-by-mail service into the world’s dominant streaming entertainment powerhouse, will depart the company’s board in June and will not seek reelection. Netflix disclosed the move Thursday alongside its first-quarter earnings, describing it as part of Hastings’ shift toward philanthropy and other personal pursuits. Hastings served […] The post Reed Hastings Steps Away from Netflix Board in June, Following a Solid Q1 Result appeared first on Tekedia.

Reed Hastings Steps Away from Netflix Board in June, Following a Solid Q1 Result

Reed Hastings, the co-founder who transformed Netflix from a humble DVD-by-mail service into the world’s dominant streaming entertainment powerhouse, will depart the company’s board in June and will not seek reelection. Netflix disclosed the move Thursday alongside its first-quarter earnings, describing it as part of Hastings’ shift toward philanthropy and other personal pursuits. Hastings served […]

The post Reed Hastings Steps Away from Netflix Board in June, Following a Solid Q1 Result appeared first on Tekedia.

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