Netflix co-founder Reed Hastings is officially leaving the company after nearly 30 years, as announced in Netflix's Q1 2026 earnings report. Hastings, who served as CEO from 1999-2023 and later as chairman, will not stand for re-election to the board in June. His departure marks the end of an era for one of streaming's most influential founders.
Background
Reed Hastings co-founded Netflix in 1997 and led its transformation from DVD rental service to global streaming giant. His leadership style and corporate culture decisions have been widely studied in business circles.
- Source
- The Verge
- Published
- Apr 17, 2026 at 04:23 AM
- Score
- 7.0 / 10