Longtime Netflix exec Cindy Holland exits, replaced by Bela Bajaria – MarketWatch
One of Netflix Inc.'s
NFLX,
-1.75%
highest-ranking and longest-serving executives is leaving. Netflix said late Tuesday that vice president of original content Cindy Holland will step down, and be replaced by Bela Bajaria, who is being promoted to vice president of global TV. Holland has been with Netflix for 18 years and was a key player in the company's shift from DVDs by mail to creating original streaming content. Ted Sarandos, Netflix's longtime chief content officer who recently was named co-CEO, said in a statement he "wanted to simplify the way our content teams operate." Bajaria has served as head of Netflix's non-English-language programming, and formerly was president of Universal TV.