Netflix’s CFO for the last eight years is stepping down

Netflix is undergoing some changes at the top of the company, as Chief Financial Officer David Wells plans to leave after helping to find his successor. He’s held the role since 2010 and has been with Netflix since 2004. Wells plans to focus on philanthropy, though says he isn’t entirely sure what his future holds. The timing of his departure is somewhat notable, as Netflix fell shy of its subscriber target last quarter.