Tuesday October 09, 2012

Netflix CEO To Step Down From Microsoft's Board

Considering the bang-up job he's been doing at Netflix, it's a miracle this hasn't happened sooner. big grin

Hastings says he will end his five-and-half-year stint on the software maker's board to concentrate on running Netflix Inc. at a time the video subscription service is facing an assortment of challenges threatening its future growth. Hastings, 51, will leave the board when Microsoft Corp. holds its annual shareholder meeting next month.