Susan Rice Returns to Netflix Board of Directors

Alex Weprin
·1 min read
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Ambassador Susan Rice is returning to Netflix.

The former U.S. Ambassador to the United Nations and U.S. National Security Advisor is rejoining Netflix’s board of directors. She was appointed to the board this week, with her term expiring after next year’s annual meeting.

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Like all Netflix directors, Rice will receive an annual retainer valued at $300,000.

Rice previously served on Netflix’s board from 2018 until December 2020, when she announced her intention to step down and join President Biden’s administration. Rice would serve in the Biden administration as its domestic policy adviser, stepping down from that role earlier this year.

Rice joins a board comprising Netflix insiders like founder Reed Hastings and co-CEOs Ted Sarandos and Greg Peters, as well as media veterans Anne Sweeney (the former Disney TV chief) and Mathias Döpfner (the head of Axel Springer), tech veterans like Microsoft president Brad Smith, and venture capitalists Jay Hoag and Tim Haley.

And she joins a company that has been resurgent in recent months after a difficult 2022. Subscribers surged last quarter as the password-sharing crackdown took effect, and the company is still in the early stages of growing its advertising business.

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