Greg Peters (businessman)

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Greg Peters is an American businessman. He is co-chief executive officer of Netflix. [1] [2]

Contents

Early life

Peters is the grandson of William Peters, a journalist and civil rights activist, and the nephew of Gretchen Peters, a singer and songwriter. [3] [4] He earned a BS degree in physics and astronomy from Yale University, where he was a member of Skull and Bones. [5]

Career

After college, Peters joined the U.S. Air Force but left for an engineering job at Wine.com. [6] He was also a senior vice president at Macrovision Solutions Corp (renamed to Rovi Corporation). [7] [8]

In 2008, Peters joined Netflix as the company's international development officer, responsible for global partnerships with consumer electronics companies, Internet service providers, and multi-channel video programming distributors. [9] [10] [11] [12]

In July 2017, Peters became the chief product officer of Netflix. [13] [14] [15] [16] During his time as chief product officer, Netflix introduced smart downloads, mobile games, ads, and new crackdowns on password sharing. [17] [18] According to Bloomberg News , Netflix co-founder Reed Hastings put Peters in charge of these areas of the company and praised Peters for making "great decisions". [6] Later, in 2020, he also became the chief operating officer of Netflix. [19] [20]

In January 2023, Peters became the co-chief executive officer of Netflix [21] along with Ted Sarandos, [22] after Hastings stepped down and became executive chairman. [20] [23]

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References

  1. ↑ Low, Lucia Moses, Elaine. "Netflix insiders describe its new co-CEO as 'hyper rational' and a behind-the-scenes power player leading key expansions in ads, gaming, and more". Business Insider. Retrieved 2023-10-05.{{cite web}}: CS1 maint: multiple names: authors list (link)
  2. ↑ ""That's Gaslighting": Internet On Netflix CEO's Claim That The've "Never Cancelled A Successful Show"". NDTV.com. Retrieved 2023-10-05.
  3. ↑ "New Netflix co-CEO Greg Peters is set for a big raise with more than $30 million in potential stock options and bonuses — on top of a $3 million salary". Yahoo Finance. 2023-01-19. Retrieved 2023-10-05.
  4. ↑ "Gregory Peters Net Worth (2023) – wallmine.com". wallmine.com. Retrieved 2023-10-05.
  5. ↑ "Netflix - Environmental, Social & Governance - Leadership & Directors - Person Details". ir.netflix.net.
  6. 1 2 Shaw, Lucas. "Netflix Had a Password-Sharing Problem. Greg Peters Fixed It".
  7. ↑ "Greg Peters, Board of Directors | Our Leadership & Board | 2U". 2u.com. Retrieved 2023-01-21.
  8. ↑ Kafka, Peter (2023-01-19). "Netflix now has two CEOs, and neither is founder Reed Hastings". Vox. Retrieved 2023-10-05.
  9. ↑ "Netflix - Environmental, Social & Governance - Leadership & Directors - Person Details". ir.netflix.net. Retrieved 2023-01-21.
  10. ↑ White, Peter (2023-01-19). "Reed Hastings Shifts To Executive Chairman Role At Netflix; Greg Peters New Co-CEO, Bela Bajaria & Scott Stuber Get New Titles". Deadline. Retrieved 2023-01-21.
  11. ↑ "Netflix account share compromise means paying for users you don't live with". Eurogamer.net. 2023-02-09. Retrieved 2023-10-05.
  12. ↑ Spangler, Todd (2023-01-20). "Netflix Execs Talk Early Ad-Tier Results, 'Glass Onion' and Expected 'Cancel Reaction' From Paid Password-Sharing Rollout". Variety. Retrieved 2023-10-05.
  13. ↑ updated, Brendan Morrow last (2022-04-29). "The latest on Netflix's password-sharing crackdown". theweek. Retrieved 2023-10-05.
  14. ↑ Fletcher, Bevin (2023-01-19). "Greg Peters named Netflix co-CEO as Reed Hastings steps down". StreamTV Insider. Retrieved 2023-10-05.
  15. ↑ Lawler, Richard (2023-01-19). "Reed Hastings is stepping down as Netflix's co-CEO". The Verge. Retrieved 2023-10-05.
  16. ↑ "Greg Peters will be new Netflix co-CEO. Here's how much he will earn". Hindustan Times. 2023-01-20. Retrieved 2023-10-05.
  17. ↑ Snider, Mike. "Netflix's new Smart Downloads feature eases offline binge-watching".
  18. ↑ Sherman, Alex. "Netflix execs explain why they're getting into video games — to learn from users".
  19. ↑ Mullin, Benjamin; Sperling, Nicole (2023-01-19). "Netflix's Reed Hastings Will Cede Co-Chief Executive Role". The New York Times. ISSN   0362-4331 . Retrieved 2023-10-05.
  20. 1 2 "Netflix's Reed Hastings gives up CEO title; Greg Peters named co-chief - Business Standard".
  21. ↑ "Netflix subscribers up as co-founder steps down". The Manila Times. 2023-01-21. Retrieved 2023-10-05.
  22. ↑ "Meet the Netflix co-CEO taking over from Reed Hastings". Fortune. Retrieved 2023-10-05.
  23. ↑ "Netflix co-founder Reed Hastings steps down as CEO of streaming company". the Guardian. January 19, 2023.
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