Netflix co-founder Reed Hastings says he will step down as company chairman, marking a major leadership shift after nearly three decades. The move lands amid slowing growth, intensifying competition, and mounting investor pressure following a failed merger bid with Warner Bros Discovery—leaving Netflix to chart a fresh path to growth.
With global uncertainty clouding growth, Indian companies are turning to professional CEOs and paying them handsomely. In BSE 200 firms, the number of CEOs earning over $1 million (₹8 crore) jumped nearly 71% to 145 in FY25, while promoter-led CEOs stayed mostly steady at 65—signaling a clear shift in boardroom strategy.
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