Netflix CEO Reed Hastings to depart Facebook board of directors

Netflix CEO Reed Hastings to depart Facebook board of directors

5 years ago
Anonymous $fWzGa1uP8i

https://www.cnbc.com/2019/04/12/netflix-ceo-reed-hastings-to-depart-facebook-board-of-directors.html

Facebook on Friday said Netflix CEO Reed Hastings will not be nominated for re-election at the company's 2019 annual stockholders meetings.

Hastings has served on the board of the social media company since 2011. The company said it will also not be re-nominating Erskine Bowles the president emeritus of the University of North Carolina, and it will instead nominate Peggy Alford, PayPal senior vice president of core markets.