Reed Hastings is leaving Netflix after 29 years
Briefly

Reed Hastings is leaving Netflix after 29 years
"Netflix changed my life in so many ways, and my all‑time favorite memory was January 2016, when we enabled nearly the entire planet to enjoy our service. My real contribution at Netflix wasn't a single decision; it was a focus on member joy, building a culture that others could inherit and improve, and building a company that could be both beloved by members and wildly successful for generations to come."
"A special thanks to Greg and Ted, whose commitment to Netflix's greatness is so strong that I can now focus on new things."
"Hastings founded Netflix in 1997 as a DVD-by-mail rental service with his co-founder and the company's first CEO Marc Randolph. In 1999, Hastings became CEO, and eventually led the company through its transformation into a streaming service in 2007."
"Among his other contributions, Hasting is also the architect of Netflix's infamous 'culture memo,' which codified the company's high-performance culture."
Reed Hastings, co-founder and chairman of Netflix, will leave the board in June to concentrate on philanthropy and other interests. He has been instrumental in Netflix's evolution from a DVD rental service to a leading streaming platform. Hastings emphasized his focus on member joy and building a sustainable culture. He stepped down as co-CEO in 2023, promoting Greg Peters to co-CEO. Hastings remains on the boards of Anthropic and Bloomberg while Netflix continues to expand its business.
Read at Engadget
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