Netflix Shareholders Vote to Oust Lead Director Jay Hoag
TL;DR Summary
Netflix shareholders voted out director Jay Hoag due to poor attendance and lack of disclosure, marking a rare instance of shareholder repudiation; Hoag offered to resign, and the board will decide whether to accept it, amid broader scrutiny of corporate governance and executive compensation.
Topics:entertainment#board-of-directors#business#corporate-governance#jay-hoag#netflix#shareholder-activism
- Netflix Shareholders Vote Out Board Member Jay Hoag In Rare Repudiation Deadline
- Netflix Director Jay Hoag Fails to Win Reelection to Board Bloomberg.com
- Netflix Shareholders Vote to Oust Jay Hoag, Its Lead Independent Director, but the Board May Decide to Keep Him Variety
- Netflix Board Member Jay Hoag Offers Resignation TipRanks
- Netflix Board Faces Decision Over Lead Independent Director’s Offer to Resign After Shareholder Vote The Hollywood Reporter
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