Netflix content executive director, Ted Sarandos attends the Vive Netflix 2017 at Museo Casa de la Bola on August 2, 2017 in Mexico City, Mexico.
is bringing its chief content officer Ted Sarandos on as co-CEO, the company announced Thursday.
"I am excited to announce that we have appointed Ted Sarandos to be Netflix co-CEO with me, and also elected him to our board of directors. He will continue as our Chief Content Officer. We have also appointed Greg Peters to be our Chief Operating Officer, in addition to his role as Chief Product Officer," Hastings said in a press release.
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