Reed Hastings steps down as Netflix CEO as company posts subscriber gains

Netflix Cofounder Reed Hastings Steps Down From CEO Role

After a bumpy year for Los Gato-based Netflix, co-CEO and cofounder Reed Hastings is stepping down but will remain in the role of executive chairman."Our board has been discussing succession planning for many years (even founders need to evolve!)," Hastings wrote in a Thursday blog post. "As part of that process, we promoted Ted to co-CEO alongside me in July 2020, and Greg to Chief Operating Officer — and in the last 2½ years I’ve increasingly …

Netflix co-founder Reed Hastings steps down as company CEO

Netflix co-founder Reed Hastings resigned as company CEO. COO Greg Peters is set to take over from him.

Netflix soars to 230 million subscribers, co-founder Reed Hastings steps down-Entertainment News , Firstpost

Hastings ceded everyday control of Netflix to his two longtime associates Chief Operating Officer Greg Peters and Ted Sarandos, who has been the face of Netflix in Hollywood and had already been named co-CEO

Netflix CEO steps down as subscriber base grows

Netflix co-founder Reed Hastings quits as CEO as Harry & Megan doc beats expectations

Hastings launched the business in 1997

Netflix reaches 230M subscribers, CEO and co-founder steps down

Netflix worldwide subscribers are now more than any rival in an increasingly crowded field of video streaming competition that includes the likes of Amazon, Hulu, Google’s YouTube, Walt Disney Co. and Apple.