Netflix Chief Content Officer Bela Bajaria Departs, Former Disney Executive Peter Rice Named Replacement

Netflix announced that Chief Content Officer Bela Bajaria is departing the company, one day after a 6% workforce reduction was initiated. Bajaria, who joined Netflix in 2016 and became CCO in 2023, helped expand the platform's international content reach and live events programming. Former Disney executive Peter Rice has been named as her replacement. Netflix Co-CEO Ted Sarandos praised Rice's industry experience, while Rice expressed enthusiasm for his new role at the streaming company.