Netflix co-founder Reed Hastings announced on Thursday he will step down as chief executive, handing the reins of the streaming service to his longtime partner and co-CEO, Ted Sarandos, and the company's chief operating officer, Greg Peters.

Source: https://www.gadgets360.com/entertainment/news/netflix-co-founder-ceo-reed-hastings-steps-down-ted-sarandos-7-66-million-subscribers-3708730

The company also announced that CEO Reed Hastings will be stepping down as CEO.

Source: https://www.baltimoregaylife.com/netflix-subscribers-rose-above-expectations-at-the-end-of-last-year/

The damage caused by past and current board members elected with millions of dollars in campaign funding from Eli Broad, The Waltons, Reed Hastings, and other supporters of privatizing education has been severe.

Source: https://www.opednews.com/articles/The-LAUSD-School-Board-Fai-Los-Angeles-230324-918.html

While Benioff remains in charge at Salesforce, other billionaire founder/CEOs such Amazon’s Jeff Bezos, Google’s Larry Page and Netflix’s Reed Hastings have all stepped away from groundbreaking companies born during the 1990s.

Source: https://www.sandiegouniontribune.com/business/nation/story/2023-07-24/salesforce-ceo-shares-his-predictions-for-ai-and-the-future-of-work