reed hastings

Greg Peters will be new Netflix co-CEO. Here’s how much he will earn

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Greg Peters will be new Netflix co-CEO. Here’s how much he will earn

Greg Peters has landed a sweet deal after assuming charge as Netflix’s new co-CEO following the stepping down of co-founder and former chief executive Reed Hastings. The former chief operating officer, who oversaw the streaming giant’s foray into advertising and gaming, is set to earn an annual salary of $3 million, according to a Securities … Read more

Netflix CEO Steps Down as Streaming Service Hits 231 Million Subscribers

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Netflix CEO Steps Down as Streaming Service Hits 231 Million Subscribers

Netflix co-founder Reed Hastings announced on Thursday he will step down as chief executive, handing the reins of the streaming service to his longtime partner and co-CEO, Ted Sarandos, and the company’s chief operating officer, Greg Peters. Sarandos and Peters will share the title of chief executives, with Hastings serving as executive chairman. The change … Read more