Netflix Keeps Venture Capitalist Jay Hoag On Its Board Despite Shareholders’ Cold Shoulder

Netflix Keeps Venture Capitalist Jay Hoag On Its Board Despite Shareholders’ Cold Shoulder

Netflix has decided to reject the resignation of venture capitalist Jay Hoag from its board of directors, despite his not achieving majority approval from shareholders to continue. After the outcome of the company’s most recent shareholder meeting, Hoag submitted his resignation from the board. Under governance rules, the company then has the opportunity to accept […]

Netflix Appoints Ellie Mertz to Board of Directors, Rejects Jay Hoag's Resignation

Netflix appointed Airbnb chief financial officer Ellie Mertz to its board of directors on Tuesday while rejecting the resignation of lead independent director Jay Hoag after shareholders voted against reappointing him to the board. Hoag, an early investor in Netflix, was not reelected to the company’s board at its annual shareholder meeting on June 5, with votes representing 78% of shares against him. Hoag, who had only attended 50% of board mee…

Netflix Rejects Jay Hoag’s Resignation, Adds New Board Member

Netflix has rejected board member Jay Hoag's Resignation and added Ellie Mertz, chief financial officer at Airbnb, as a new board member.

Netflix Board Rejects Jay Hoag’s Resignation and Taps Ellie Mertz, Airbnb CFO and Former Netflix Exec, as New Director

Netflix's board decided to keep Jay Hoag as a director and is adding Ellie Mertz, Airbnb CFO and former Netflix exec, as a director.

Netflix's board keeps Jay Hoag as a director after shareholders voted to oust him, and appoints Airbnb CFO and former Netflix exec Ellie Mertz as a new member

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Netflix Adds Airbnb CFO Ellie Mertz to Board, Rejects Jay Hoag's Resignation

Jay Hoag, Netflix’s veteran board member since joining in 1999 during the company’s by-mail DVD rental business, was denied the opportunity to resign despite shareholders previously voting not to keep the venture capitalist (and pioneering Netflix investor) on the board. Separately, Netflix named Airbnb CFO Ellie Mertz (a former finance executive with the streamer) to … Continue reading "Netflix Adds Airbnb CFO Ellie Mertz to Board, Rejects Jay …