June 7, 2022
(Yahoo!Finance) - Leaders at mega companies like Netflix (NFLX) and Disney (DIS) can no longer "straddle" the fence on cultural and political issues.
"All I'm going to say is thank goodness I'm not the CEO of a major media company today," Marc Randolph, who served as Netflix's first CEO from its inception in 1997 to 2003, told Yahoo Finance in a new interview.
"We have a country that is becoming more and more polarized. There's people on either side."
"In the past, it was very straightforward to either ignore these issues or find some way to straddle them [but] that has become increasingly difficult," the former executive admitted, comparing modern-day leadership to a "tightrope act."
By Alexandra Canal · Senior Reporter
