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Business Insider·3 min read·medium

Netflix parts ways with a key ad exec in a leadership shake-up. Read the leaked memo from its ad chief.

Netflix parts ways with a key ad exec in a leadership shake-up. Read the leaked memo from its ad chief.
AI Summary

Netflix has parted ways with VP of ads product Jon Whitticom as part of a broader leadership shake-up within its advertising division. The company is currently searching for a replacement to lead its ad-supported growth strategy.

Why it matters

Advertising is a critical component of Netflix's future revenue strategy, making leadership stability in this unit vital for investor confidence.

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Amy Reinhard, Netflix's advertising president. Katie Jones/Variety via Getty Images Netflix shook up its ads leadership, parting ways with a key exec who helped build its ad business. That exec, Jon Whitticom, joined in 2023 and became VP of ads product. Ads are a key lever that Netflix is looking to for future engagement and revenue growth. Netflix is shaking up its ads leadership. Jon Whitticom, a prominent Netflix exec who helped build the streamer's advertising business, is leaving the organization, according to a memo viewed by Business Insider. Advertising president Amy Reinhard shared the news with staff last week, saying she had "decided to part ways" with Whitticom. She added that ads product exec Marc Heneghan would lead the unit on an interim basis while a search is conducted for Whitticom's replacement.

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