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Reed Hastings He is one of the most recognizable figures in the tech and entertainment world after co-founding Netflix, which he ran for 25 years.
But the winds of change are coming Netflix With reed Hastings retires from his position as Chief Executive Officer (CEO), which he has held since 1998.
letter from Reed Hastings was posted on the news page Netflixwhere the motives are explained.
“Our board of directors has been discussing succession plans for years (even founders have to evolve). As part of this process, in July 2020 we appointed Ted Sarandos as my joint CEO and Greg Peters as COO, and over the past two and a half years I have increasingly delegated control Netflix them,” he explained.
And about succession Reed Hastings announced that Greg Peters will become joint CEO by joining Ten Sarandos.
Reed Hastings to keep Netflix presence
These changes do not remove Reed Hastings from Netflixwhere he will serve as executive president. As he explains himself, “to be the bridge between the board of directors and the CEO.”
Hastings says he will devote more time to philanthropic projects and will remain very focused on excelling in action Netflix.
Source: RPP
I am Ben Stock, a passionate and experienced digital journalist working in the news industry. At the Buna Times, I write articles covering technology developments and related topics. I strive to provide reliable information that my readers can trust. My research skills are top-notch, as well as my ability to craft engaging stories on timely topics with clarity and accuracy.