Netflix's longtime product chief Neil Hunt is leaving his post at the streaming service.
After 18 years at the company, he'll depart in July. At that time, international executive Greg Peters will be named the new chief product officer, responsible for designing, building and delivering the Netflix experience.
The news comes just days after Netflix replaced its star ratings with a thumbs-up and thumbs-down system in an effort to better indicate whether a viewer will like a film or television show.
Since 2005, Peters has led international development efforts from the Netflix office in Tokyo. In his nine years at Netflix, he's held positions overseeing product engineering, business development, marketing, and content licensing and creation.
"When I first met Greg nine years ago, I knew he was an especially gifted engineer and entrepreneur," said Hunt. "I'm delighted to be leaving the Netflix product organization in such great shape and in such good hands."
"Greg and Neil have collaborated through the years to make the Netflix experience all over the world absolutely incredible," said Netflix CEO Reed Hastings. "I look forward to having Greg take on this role and to celebrate with Neil our 100 millionth member."
In addition, chief talent officer Tawni Cranz is also exiting the streaming giant to pursue other interests. She first joined the company in 2007.
Added Hastings of Cranz, "Over the last decade, Tawni has played a formative role in developing our business culture as well as developing an amazing talent team. We deeply appreciate her contributions."