All articles tagged with #jay hoag
Netflix's board has rejected the resignation of Jay Hoag despite shareholder opposition and has appointed Ellie Mertz, Airbnb CFO and former Netflix finance executive, as a new director, strengthening the company's leadership team.
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.
Netflix's board will decide whether to accept the resignation of lead independent director Jay Hoag after he failed to secure a majority of shareholder votes, influenced by a report criticizing his attendance record, though his attendance has improved recently.