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Ted Sarandos Named Netflix Co-CEO Alongside Reed Hastings

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Todd Spangler NY Digital EditorNetflix announced that chief content officer Ted Sarandos has been appointed co-CEO of the company, alongside co-founder Reed Hastings.Sarandos, who will continue to serve as content chief, joined Netflix over 20 years ago.

He’s also been elected to Netflix’s board of directors.“Ted has been my partner for decades,” Hastings said in announcing the appointment. “This change makes formal what was already informal — that Ted and I share the leadership of Netflix.”In addition, Greg Peters has been appointed Netflix’s chief operating officer adding to his chief product officer role. “We want Greg to help us stay aligned and effective as we grow so quickly around the world,” said Hastings.

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