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Greg Peters (businessman)

From Wikipedia, the free encyclopedia

Greg Peters is an American businessman[1] and the co-chief executive officer of Netflix.[2][3][4][5][6]

Family background

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Peters is the grandson of William Peters, a journalist and civil rights activist, and the nephew of Gretchen Peters, a singer and songwriter.[1][4]

Education

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Peters earned a BS degree in physics and astronomy from Yale University, where he was a member of Skull and Bones.[7]

Career

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After college, Peters joined the U.S. Air Force but left for an engineering job at Wine.com.[8]

Peters was the senior vice president at Macrovision Solutions Corp (renamed to Rovi Corporation).[7][9][10]

Netflix

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In 2008, Peters joined Netflix as the international development officer, responsible for global partnerships with consumer electronics companies, Internet service providers and multi-channel video programming distributors.[11][12][13][14]

In July 2017, Peters became the chief product officer of Netflix.[15][16][4][5][17] During his time as chief product officer, Netflix introduced smart downloads, mobile games, ads and new crackdowns on password sharing.[18][19][8] According to Bloomberg News, Netflix co-founder Reed Hastings put Peters in charge of these areas of the business and said Peters "made some great decisions for us".[8] Later, in 2020, he became the chief operating officer of Netflix.[11][9][20][1][21]

On January 19, 2023, he became the co-chief executive officer of Netflix[16][5][22] along with Ted Sarandos[23][20][24][25] after Hastings stepped down and became executive chairman.[7][21][2]

References

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  1. ^ a b c "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.
  2. ^ a b "Netflix co-founder Reed Hastings steps down as CEO of streaming company". the Guardian. January 19, 2023.
  3. ^ 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)
  4. ^ a b c "Gregory Peters Net Worth (2023) – wallmine.com". wallmine.com. Retrieved 2023-10-05.
  5. ^ a b c Lawler, Richard (2023-01-19). "Reed Hastings is stepping down as Netflix's co-CEO". The Verge. Retrieved 2023-10-05.
  6. ^ ""That's Gaslighting": Internet On Netflix CEO's Claim That The've "Never Cancelled A Successful Show"". NDTV.com. Retrieved 2023-10-05.
  7. ^ a b c "Netflix - Environmental, Social & Governance - Leadership & Directors - Person Details". ir.netflix.net.
  8. ^ a b c Shaw, Lucas. "Netflix Had a Password-Sharing Problem. Greg Peters Fixed It".
  9. ^ a b "Greg Peters, Board of Directors | Our Leadership & Board | 2U". 2u.com. Retrieved 2023-01-21.
  10. ^ Kafka, Peter (2023-01-19). "Netflix now has two CEOs, and neither is founder Reed Hastings". Vox. Retrieved 2023-10-05.
  11. ^ a b "Netflix - Environmental, Social & Governance - Leadership & Directors - Person Details". ir.netflix.net. Retrieved 2023-01-21.
  12. ^ 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.
  13. ^ "Netflix account share compromise means paying for users you don't live with". Eurogamer.net. 2023-02-09. Retrieved 2023-10-05.
  14. ^ 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.
  15. ^ updated, Brendan Morrow last (2022-04-29). "The latest on Netflix's password-sharing crackdown". theweek. Retrieved 2023-10-05.
  16. ^ a b Fletcher, Bevin (2023-01-19). "Greg Peters named Netflix co-CEO as Reed Hastings steps down". StreamTV Insider. Retrieved 2023-10-05.
  17. ^ "Greg Peters will be new Netflix co-CEO. Here's how much he will earn". Hindustan Times. 2023-01-20. Retrieved 2023-10-05.
  18. ^ Snider, Mike. "Netflix's new Smart Downloads feature eases offline binge-watching".
  19. ^ Sherman, Alex. "Netflix execs explain why they're getting into video games — to learn from users".
  20. ^ a b 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.
  21. ^ a b "Netflix's Reed Hastings gives up CEO title; Greg Peters named co-chief - Business Standard".
  22. ^ "Netflix subscribers up as co-founder steps down". The Manila Times. 2023-01-21. Retrieved 2023-10-05.
  23. ^ "Meet the Netflix co-CEO taking over from Reed Hastings". Fortune. Retrieved 2023-10-05.
  24. ^ "Netflix co-founder Reed Hastings steps down as CEO as company adds subscribers". The Economic Times. 2023-01-20. ISSN 0013-0389. Retrieved 2023-10-05.
  25. ^ "Netflix's new CEOs confirm: Password sharing will end for sure, majority will have to pay". The Indian Express. 2023-01-23. Retrieved 2023-10-05.