The Netflix founder joined the Microsoft board in 2007 and is now its lead independent director. But he has taken himself out of the running for re-election when the software company’s shareholders meet in November. “I’ve decided to reduce the number of boards I serve on, so that I can focus on Netflix and on my education work,” he says. Hastings also sits on the boards of Facebook, Dreambox Learning, the Knowledge Is Power Program, and the California Charter Schools Association — as well as Netflix. Microsoft CEO Steve Ballmer says that Hastings “has been a terrific board member, and his insights and experience have really helped guide us through a critical period of transformation for both Microsoft and the industry.”
By DAVID LIEBERMAN, Financial Editor | Tuesday October 9, 2012 @ 4:53pm EDTTags: microsoft, Netflix, Reed Hastings
For all of Deadline's headlines, follow us @Deadline on Twitter.
This article was printed from http://www.deadline.com/2012/10/netflix-reed-hastings-leaves-microsoft-board/
Deadline Investigates CSS
SUBSCRIBE TO DEADLINE NEWS
News/Opinion PollLoading ...
By The Numbers
Box Office PollLoading ...
Disney’s ‘Maleficent’ – Legacy Featurette