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.”

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