Mr. Wells joined Netflix in 2004 and has served as CFO since 2010.
“It’s been 14 wonderful years at Netflix, and I’m very proud of everything we’ve accomplished,” Mr. Wells said. “After discussing my desire to make a change with [Netflix CEO] Reed [Hastings], we agreed that with Netflix’s strong financial position and exciting growth plans, this is the right time for us to help identify the next financial leader for the company.”
Netflix will consider internal and external candidates for the CFO position.
More articles on business:
Uber, Lyft face licensing caps in New York City
Amazon’s Alexa will soon update users when it learns new info
Microsoft unveils $4M startup competition as part of push to support women in business
