Netflix announced that chief content officer Ted Sarandos has been appointed co-CEO of the company, alongside co-founder Reed Hastings. Sarandos, who will continue to serve as content chief, joined…
Sarandos, who will continue to serve as content chief, joined Netflix over 20 years ago. He’s also been elected to Netflix’s board of directors.
In addition, Greg Peters has been appointed Netflix’s chief operating officer adding to his chief product officer role. “We want Greg to help us stay aligned and effective as we grow so quickly around the world,” said Hastings. “While transitions can be hard, I am optimistic because we have a well-established culture that’s built to be flexible and many years to get good at this,” Hastings wrote.
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