Shareholders of video streaming service Netflix Inc (NFLX) on Monday voted against a non-binding investor proposal to split the roles of chairman and chief executive officer, the jobs held by co-founder Reed Hastings, according to preliminary vote tallies released by the company.
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Investors rejected the motion to separate the roles, with 53 percent opposing the idea and 47 percent supporting it, a Netflix spokesman said. Hastings won re-election to the board with 74 percent of votes in his favor.
(Reporting by Lisa Richwine in Los Angeles; Editing by Lisa Shumaker)