Microsoft (MSFT) announces Netflix (NFLX) CEO Reed Hastings has decided not to seek re-election...

|About: Microsoft Corporation (MSFT)|By:, SA News Editor

Microsoft (MSFT) announces Netflix (NFLX) CEO Reed Hastings has decided not to seek re-election to the company's board during Microsoft's November shareholder meeting. In addition to serving as Netflix's chairman, Hastings remains a board member for four other organizations, including Facebook. (PR)