Netflix co-founder Reed Hastings plans to leave the company after nearly 30 years. The news comes as part of Netflix's earnings results released on Thursday, which says Hastings, who currently serves as chairman of the company, "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 down and took on the role of chairman. "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 …