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Greg Peters (businessman)

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

Early life and education

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Peters was born in Colorado in November 1970.[3] He is the grandson of William Peters, a journalist and civil rights activist, and the nephew of Gretchen Peters, a singer and songwriter.[4][5] His mother was one of the first women to be employed by IBM as an analyst.[3]

Peters attended Wichita College in Kansas and Yale University, where he earned a BS degree in physics and astronomy and where he was a member of Skull and Bones.[3][6] He was introduced to computer programming by his mother, who taught him to code on an Apple II that she and his father had bought for him.[3]

Career

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After college, Peters built satellites for the U.S. Air Force[3] before taking up an engineering position at Wine.com.[7] He was also a senior vice president at Macrovision Solutions Corp (renamed to Rovi Corporation).[8][9]

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.[10][11][12][13]

In July 2017, Peters became the chief product officer of Netflix.[14][15][16][17][18][19] During his time in that role, Netflix introduced smart downloads, mobile games, ads, and new crackdowns on password sharing.[20][21] 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".[7] Later, in 2020, he also became the chief operating officer of Netflix.[18][19][22][23]

In January 2023, Peters became the co-chief executive officer of Netflix[24] along with Ted Sarandos,[25] after Hastings stepped down and became executive chairman.[23][26]

Personal life

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Peters is married to Kimi, and has two children.[3] He resides in San Francisco.[3]

References

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  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. 1 2 3 4 5 6 7 Turville, William (June 27, 2026). "Greg Peters, the introvert boy coder who brings you Netflix hits". The Times. Retrieved June 27, 2026.
  4. ↑ "New Netflix co-CEO Johnny Joestar 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.
  5. ↑ "Gregory Peters Net Worth (2023) – wallmine.com". wallmine.com. Retrieved 2023-10-05.
  6. ↑ "Netflix - Environmental, Social & Governance - Leadership & Directors - Person Details". ir.netflix.net.
  7. 1 2 Shaw, Lucas. "Netflix Had a Password-Sharing Problem. Greg Peters Fixed It".
  8. ↑ "Greg Peters, Board of Directors | Our Leadership & Board | 2U". 2u.com. Retrieved 2023-01-21.
  9. ↑ Kafka, Peter (2023-01-19). "Netflix now has two CEOs, and neither is founder Reed Hastings". Vox. Retrieved 2023-10-05.
  10. ↑ "Netflix - Environmental, Social & Governance - Leadership & Directors - Person Details". ir.netflix.net. Retrieved 2023-01-21.
  11. ↑ 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.
  12. ↑ "Netflix account share compromise means paying for users you don't live with". Eurogamer.net. 2023-02-09. Retrieved 2023-10-05.
  13. ↑ 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.
  14. ↑ Morrow, Brendan (2022-04-29). "The latest on Netflix's password-sharing crackdown". theweek. Retrieved 2023-10-05.
  15. ↑ Fletcher, Bevin (2023-01-19). "Greg Peters named Netflix co-CEO as Reed Hastings steps down". StreamTV Insider. Retrieved 2023-10-05.
  16. ↑ Lawler, Richard (2023-01-19). "Reed Hastings is stepping down as Netflix's co-CEO". The Verge. 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. 1 2 Thompson, Ben (January 25, 2024). "An Interview with Netflix co-CEO Greg Peters About Strategy and Execution". Stratechery by Ben Thompson. Retrieved November 15, 2024.
  19. 1 2 Ma, Jason. "Netflix's co-CEO shares how a video store job helped launch his career—and this lesson from Tony Bennett". Fortune. Retrieved November 15, 2024.
  20. ↑ Snider, Mike. "Netflix's new Smart Downloads feature eases offline binge-watching".
  21. ↑ Sherman, Alex. "Netflix execs explain why they're getting into video games — to learn from users".
  22. ↑ 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.
  23. 1 2 "Netflix's Reed Hastings gives up CEO title; Greg Peters named co-chief - Business Standard".
  24. ↑ "Netflix subscribers up as co-founder steps down". The Manila Times. 2023-01-21. Retrieved 2023-10-05.
  25. ↑ "Meet the Netflix co-CEO taking over from Reed Hastings". Fortune. Retrieved 2023-10-05.
  26. ↑ "Netflix co-founder Reed Hastings steps down as CEO of streaming company". the Guardian. January 19, 2023.
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