Netflix names content chief Ted Sarandos as co-CEO

www.theverge.com
2 min read
standard
Netflix CEO Reed Hastings will be joined by his longtime executive Ted Sarandos as Sarandos becomes co-CEO. Sarandos will also be elected to the board of directors.
Longtime Netflix executive Ted Sarandos has been named co-chief executive officer alongside co-founder Reed Hastings, the company announced today.

"Ted has been my partner for decades. This change makes formal what was already informal — that Ted and I share the leadership of Netflix," Hastings said in a letter to shareholders. The letter does not state if the move is effective immediately.

Sarandos, who has been with the company for more than 20 years, has…
Julia Alexander
Read full article