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The Verge

Netflix co-founder Reed Hastings is officially leaving the company

Netflix co-founder Reed Hastings is officially leaving the company
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Netflix co-founder and chairman Reed Hastings plans to leave the company after nearly 30 years. The news comes as part of Netflix's Q1 2026 earnings results released on Thursday, which says Hastings "will not stand for re-election to our Board when his current term expires at the Annual Meeting in June." After co-founding Netflix in 1997, Hastings served as CEO from 1999 to 2023, when he stepped d

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Reed Hastings is leaving Netflix after 29 years

Netflix co-founder and current chairman Reed Hastings is leaving the streaming company’s board in June to focus on "his philanthropy and other pursuits," according to a shareholder letter released alongside Netflix's Q1 earnings. Hastings has served as chairman of Netflix's board since 2023, a role he assumed after stepping down as co-CEO and promoting Greg Peters in his place. "Netflix changed my life in so many ways, and my all‑time favorite memory was January 2016, when we enabled nearly the

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