Reed Hastings departs Netflix's board following the June 4 annual shareholders meeting; Jay Hoag, Netflix's lead independent director, is named chairman (Todd Spangler/Variety)
Todd Spangler / Variety:
Reed Hastings departs Netflix’s board following the June 4 annual shareholders meeting; Jay Hoag, Netflix’s lead independent director, is named chairman — Shareholders last year had voted to oust Hoag, previously lead independent director at the streamer — It’s a changing for the guard at the top of Netflix’s board.