Netflix Shareholders Vote to Oust Jay Hoag, Its Lead Independent Director, but the Board May Decide to Keep Him

Jay Hoag, who has served on Netflix’s board since 1999, failed to get reelected at the company’s annual shareholder meeting this week — and now the board must decide whether to keep him or let him go. At Netflix’s June 5 annual meeting, 78% of the shares voted on Hoag’s re-election to the board were […]