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June 23, 2011 09:10 pm GMT

Readying For An IPO, Facebook Adds Netflix Founder And CEO Reed Hastings To Board

Facebook has just named Netflix co-founder and CEO Reed Hastings to its board. We've pasted the release below.Hastings co-founded Netflix in 1997 with then CEO Marc Randolph and launched the movie subscription service in 1999. Prior to that, Hastings founded Pure Atria Software, where he was CEO until the company was acquired by Rational Software Corporation in 1997. Hastings also serves on Microsoft's board, which is interesting considering that Microsoft is also an investor in Facebook.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/jCNMwhL3xGQ/

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