Netflix Founder Reed Hastings , Steps Down As Co-CEO.<br />CNBC reports that Netflix made the announcement on Jan. 19.<br />Greg Peters will join Ted Sarandos as co-CEO.<br />Greg Peters will join Ted Sarandos as co-CEO.<br />Sarandos issued a statement <br />about Hastings stepping down.<br />I want to thank Reed for his visionary leadership, mentorship and friendship over the last 20 years. , Ted Sarandos, Netflix co-CEO, via statement.<br />We’ve all learned so much from his intellectual rigor, honesty and willingness to take big bets — , Ted Sarandos, Netflix co-CEO, via statement.<br />... and we look forward to working with him for many more years to come, Ted Sarandos, Netflix co-CEO, via statement.<br />Hastings took to Twitter to share that he plans to "serve as Executive Chairman for years to come.".<br />Netflix also revealed its <br />fourth-quarter earnings report.<br />The company says it met Wall Street's expectations and added millions more subscribers than anticipated
