Begin typing your search above and press return to search.

Netflix CEO Reed Hastings Departs From Facebook Board

Netflix CEO Reed Hastings Departs From Facebook Board

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  14 April 2019 4:18 AM GMT

Facebook, which is reportedly spending $1 billion on producing original content, has announced that Netflix CEO Reed Hastings will not rejoin the company’s board as a director. Peggy Alford, currently senior vice president of Core Markets for PayPal, will be nominated to join the board of directors, Facebook said on Friday. Alford will become the first black woman to serve on Facebook’s board, reports TechCrunch. She has served as the Chief Financial Officer of the non-profit Chan Zuckerberg Initiative.

“Peggy is one of those rare people who’s an expert across many different areas — from business management to finance operations to product development,” said Facebook CEO Mark Zuckerberg. Peggy said she “looks forward to working with Mark and the other directors”. (IANS)

Also Read: Entertainment

Next Story