Reed Hastings to Exit Netflix Board

By Todd Spangler

Todd Spangler

NY Digital Editor

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Netflix co-founder and chairman Reed Hastings, who served as CEO for 25 years and dramatically shook up the entertainment business, is leaving the streaming giant’s board of directors.

Hastings will depart the Netflix board when his current term expires at the annual meeting in June, “in order to focus on his philanthropy and other pursuits,” the company said in its first quarter 2026 investor letter Thursday.

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