Netflix cofounder and chairman Reed Hastings to step down from board of directors

Netflix cofounder and chairman Reed Hastings will step down from the streaming service's board of directors in June when his term expires, the company said on Thursday.

Netflix cofounder and chairman Reed Hastings to step down from board of directors

TL;DR

  • Reed Hastings, cofounder and chairman of Netflix, will step down from the board of directors.
  • His departure is set for June when his term expires.
  • The company announced this news on Thursday.