Founder and CEO: Reed Hastings
Annual Salary: $519,231 (2010)
Total Compensation: $5,516,633 (2010)
Brief Biography: Born in 1960 as Wilmot Reed Hastings Jr., he grew up in Washington DC and the Boston area. He received a BA from Bowdoin College in 1983 and an MSCS in Artificial Intelligence from Stanford University in 1988. He is married with two children. Reed Hastings co-founded Netflix as a DVD rental-by-mail company in 1997 and since led its transformation to become the world’s leading streaming subscription service for watching movies and television programs. Previously, Reed founded Pure Software, which made tools for Unix software developers. He guided Pure into becoming one of the world's 50 largest software companies before selling it to Rational Software in 1997. In addition to being CEO of Netflix, Reed is a member of the board of directors of Microsoft and of Facebook, as well as several education non-profits. Reed is an active educational philanthropist and served as President of the California State Board of Education from 2000 to 2004.
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