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Article The Guardian Business

Co-founder Reed Hastings to step down from Netflix board

The Guardian Business April 16, 2026 · 8:53 pm Read Original
Bearish -55.0
−100 Bearish 0 +100 Bullish
Co-founder Reed Hastings to step down from Netflix board

Chair’s decision to not seek re-election in June ‘not as a result of any disagreement’, company says in SEC filingReed Hastings, the Netflix chair, 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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Article Info
Source The Guardian Business
Published Apr 16, 2026 · 8:53 pm
Article ID ag9mr0i
Original URL Open source
Sentiment Signal
Bearish -55.0
−100Neutral+100
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