Ambassador Susan Rice is returning to Netflix.
The previous U.S. Ambassador to the United Nations and U.S. Nationwide Safety Advisor is rejoining Netflix’s board of administrators. She was appointed to the board this week, together with her time period expiring after subsequent 12 months’s annual assembly.
Like all Netflix administrators, Rice will obtain an annual retainer valued at $300,000.
Rice beforehand served on Netflix’s board from 2018 till December 2020, when she introduced her intention to step down and be part of President Biden’s administration. Rice would serve within the Biden administration as its home coverage adviser, stepping down from that position earlier this 12 months.
Rice joins a board comprising Netflix insiders like founder Reed Hastings and co-CEOs Ted Sarandos and Greg Peters, in addition to media veterans Anne Sweeney (the previous Disney TV chief) and Mathias Döpfner (the top of Axel Springer), tech veterans like Microsoft president Brad Smith, and enterprise capitalists Jay Hoag and Tim Haley.
And he or she joins an organization that has been resurgent in latest months after a tough 2022. Subscribers surged final quarter because the password-sharing crackdown took impact, and the corporate continues to be within the early levels of rising its promoting enterprise.