Netflix’s Reed Hastings Shifts to Chairman of the Board Role

Netflix’s co-founder Reed Hastings will be stepping down from his role as Executive Chairman.
Moving forward, Hastings will be Chairman of the Board as well as a non-executive director. The news, which was made “as part of the natural evolution of our leadership structure and succession planning,” was announced as part of Netflix’s first quarter earnings report for 2025.
Additionally, Tim Haley, who is the longest standing independent director for the company, will not be returning for re-election. This decision was not related to Hasting’s role change.
“For more than 27 years, Tim has been on this journey with us and his counsel and leadership have been a much valued part of our success. We thank Tim for his long service and many contributions to the Netflix Board of Directors,” Netflix wrote in a letter to shareholders.
Hastings co-founded Netflix with Marc Randolph in 1997 and served as the streamer...
Moving forward, Hastings will be Chairman of the Board as well as a non-executive director. The news, which was made “as part of the natural evolution of our leadership structure and succession planning,” was announced as part of Netflix’s first quarter earnings report for 2025.
Additionally, Tim Haley, who is the longest standing independent director for the company, will not be returning for re-election. This decision was not related to Hasting’s role change.
“For more than 27 years, Tim has been on this journey with us and his counsel and leadership have been a much valued part of our success. We thank Tim for his long service and many contributions to the Netflix Board of Directors,” Netflix wrote in a letter to shareholders.
Hastings co-founded Netflix with Marc Randolph in 1997 and served as the streamer...
- 17/4/2025
- de Kayla Cobb, Loree Seitz
- The Wrap
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