Reed Hastings to Exit Netflix Board

Home TV News Apr 16, 2026 1:10pm PT Reed Hastings to Exit Netflix Board By Todd Spangler Plus Icon Todd Spangler NY Digital Editor xpangler Latest Reed Hastings to Exit Netflix Board 20 minutes ago Netflix Expands Video Podcast Slate With Shows from ‘Rotten Mango’ Creator Stephanie Soo, Evan Ross Katz, NBC News’ Ellison Barber and Magician David Kwong 4 hours ago Netflix Enlists Brian Williams for New Podcast Interview Show ‘We’re Back!’ 5 hours ago See All Getty Images Netflix co-founder and chairman Reed Hastings, who served as CEO for 25 years, is leaving the streaming giant’s board of directors. Hastings is leaving the Netflix board when his current term expires at the annual meeting in June, “in order to focus on his philanthropy and other pursuits,” the company said in its Q1 2026 investor letter. “Reed built a culture of innovation, integrity and high performance that defines who we are today,” the company said. “His vision and leadership pioneered how the world is entertained, and his legacy and impact are not only felt by all of us at Netflix, but by audiences around the world. On behalf of the board and our shareholders, we extend our deepest thanks for his extraordinary leadership and service.” Related Stories NBCU Television Chairman Pearlena Igbokwe and Apple Services VP Oliver Schusser Join Variety's Entertainment Marketing Summit