Reed Hastings Officially Leaves Netflix Board, Jay Hoag Becomes Chairman

Shareholders last year had voted to oust Hoag, previously lead independent director at the streamer

By Todd Spangler

Todd Spangler

NY Digital Editor

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It’s a changing for the guard at the top of Netflix‘s board.

Executive chairman Reed Hastings, the company’s co-founder who served as CEO for 25 years and drove it to become the world’s leading premium streamer, officially departed the Netflix board following the June 4 annual shareholders meeting. As previously announced, Netflix said Hastings is leaving the board “to focus on his philanthropy and other pursuits,” which include tending to the Utah ski resort he owns.

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