Netflix appoints former NSA under President Obama Susan Rice to its board of directors

Netflix Inc. said Wednesday that it appointed Susan Rice, former U.S. National Security Advisor under President Obama, to its board of directors. Rice was also ambassador to the United Nations. “We are delighted to welcome Ambassador Rice to the Netflix board,” said Netflix Chief Executive Reed Hastings. “For decades, she has tackled difficult, complex global issues with intelligence, integrity and insight and we look forward to benefiting from her experience and wisdom.” Rice is currently a visiting research fellow at American University and a senior fellow at Harvard University. Netflix’s board currently has 11 members. The streaming video company’s stock was down 3.3% in midday trade, amid a broad selloff in the technology sector. It has run up 50.8% over the past three months, while the S&P 500 has slipped 2.3%.

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