Netflix Appoints Lead Independent Director Jay Hoag as New Chairman of the Board

Netflix announced that its Board of Directors has appointed Jay Hoag as the new Chairman of the Board, effective June 4, 2026, following the conclusion of the company's annual stockholders' meeting. Mr. Hoag, who has served as the Board’s Lead Independent Director since 2012, will continue in his role as an independent director.

Key Details

• Leadership Change: Jay Hoag was appointed Chairman of the Board, a position he assumed on June 4, 2026.
• Board Structure: As Mr. Hoag is an independent director, the Board has eliminated the separate role of Lead Independent Director.
• Annual Meeting Results: The filing also confirmed that all 12 director nominees were elected, the appointment of Ernst & Young LLP as the public accounting firm was ratified, and the advisory resolution on executive compensation was approved. Four non-binding stockholder proposals were not approved.