
Reed Hastings Steps Down as Netflix Board Chair: What It Means for Investors in 2026
Reed Hastings, the legendary co-founder and longtime chair of Netflix, is stepping down from the board in June 2026. This news comes as Netflix reports strong Q1 earnings and moves on from its failed $72 billion Warner Bros Discovery acquisition. Netflix Confirms No Disagreements in Reed Hastings Departure In an SEC filing and shareholder letter










