Reed Hastings Officially Leaves Netflix Board, Jay Hoag — Who Shareholders Last Year Voted to Kick Out — Becomes Chairman

Netflix's Reed Hastings steps aside after nearly 30 years; Jay Hoag becomes chairman

Netflix has appointed lead independent director Jay Hoag as its new chairman, succeeding co-founder Reed Hastings. Hastings, who stepped down from the board after nearly three decades, will focus on his philanthropic…