Netflix founder Reed Hastings is giving up his CEO role
Publishing timestamp: 2023-01-19 16:38:07
Summary
Netflix founder Reed Hastings is giving up his CEO role but will remain on as chairman. Co-CEO Ted Sarandos will remain in his position and Greg Peters, most recently chief operating officer, will assume post of co-CEO in Hastings' place. Bela Bajaria will step in as chief content officer and Scott Stuber will step in as chairman of Netflix Film. Netflix matched Wall Street's revenue expectations and posted millions more subscriber adds than anticipated.
Sentiment: POSITIVE
Tickers: NFLX,
Keywords: breaking news: business, entertainment, business, reed hastings, netflix inc, business news,
Source: https://www.cnbc.com/2023/01/19/netflixs-reed-hastings-is-giving-up-ceo-role.html