Netflix appoints Jay Hoag as Board Chairman, eliminates Lead Independent Director role

Filed June 5, 2026 · Period ending June 4, 2026 · ~1 min read

Key Changes

• medium

  Jay Hoag, who served as Lead Independent Director since 2012, was appointed Board Chairman effective after the annual meeting. The separate Lead Independent Director position was eliminated since Hoag qualifies as independent.

  Item 5.02 view on EDGAR →
• low

  All 12 director nominees were re-elected to serve until 2027, receiving between 2.9 billion and 3.1 billion votes each. The slate includes co-CEOs Greg Peters and Ted Sarandos plus 10 independent directors.

  Item 5.07 verify on EDGAR →
• low

  Shareholders approved executive compensation with 84% support (2.7 billion for vs 517 million against) in the non-binding say-on-pay vote, indicating broad approval of management pay practices.

  Item 5.07 verify on EDGAR →