Netflix founder Reed Hastings has stepped down from his executive chairman role at the streaming service. He will now serve as chairman of the board and in a non-executive director position.

Netflix's board approved $40 million compensation packages for co-CEOs Ted Sarandos and Greg Peters, down from the $166 million suggested earlier.

Netflix’s co-founder Reed Hastings will be stepping down from his role as Executive Chairman. Moving forward, Hastings will be Chairman of the Board as well as a non-executive director.

But dig beneath the surface and you'll discover why neither Costco Wholesale nor Netflix are eager to become Wall Street's next stock-split stock. The simple reason Costco makes for a poor candidate ...

Institutional investors hold 85.2% of Netflix shares, dominating ownership. Netflix's ad-supported tier reached 40 million subscribers by spring 2024. Netflix's board includes diverse leaders from ...

This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Netflix has appointed Airbnb CFO Ellie Mertz to serve on its ...

Netflix co-CEO Ted Sarandos said the streaming giant "should always reserve the right to get smart" — even if it's said the word "never" before.

Netflix founder Reed Hastings has stepped down from his executive chairman role at the streaming service. He will now serve as chairman of the board and in a non-executive director position.