Netflix Co-Founder Reed Hastings Transitions to Chairman Role, With Greg Peters Elevated as Co-CEO

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Netflix Co-Founder Reed Hastings Transitions to Chairman Role, With Greg Peters Elevated as Co-CEO
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Breaking: Netflix said Reed Hastings will transition from his role as co-CEO to become executive chairman. The streaming giant added more subscribers than expected last quarter.

Reed Hastings will transition from co-chief executive to executive chairman.Updated Jan. 19, 2023 4:06 pm ET

Netflix Inc. said co-founder Reed Hastings would transition from co-chief executive to executive chairman, and named a new co-CEO alongside Ted Sarandos, as the company presses on with dual efforts to stoke new revenue growth. Netflix elevated longtime executive and heir apparent Greg Peters, who was key to the company’s swift launch ofContinue reading your article with

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