David Wells (Booth MBA and MPP Class of '98), CFO of Netflix, Discusses Financial Strategy, Global Consumer Behavior, and Winning Corporate Culture
Event Details
As Netflix celebrates its 20th Anniversary, CFO David Wells '98 will discuss the strategy behind allocating $15.3 billion in creating new and original content...a revolutionary act for a streaming service that is now being copied by its competitors. David has been in Europe for the last 2 years helping build out Netflix's expanding global and European business. David can explain how having a strong culture helps the company overcome lows, pushes the envelope with content and allows for innovation. We hope to learn how creating a winning company culture only emerges when every employee feels they personally own the culture.
Netflix is the world's leading Internet television network with over 83 million members in over 190 countries enjoying more than 125 million hours of TV shows and movies per day, including original series, documentaries and feature films.
The Company started in 1997 as a DVD-rental-by-mail firm and competed with Blockbuster in the US. In 2007, Netflix began streaming in the US in 2007, and internationally in 2010. In 2013, Netflix debuted its first original series, House of Cards. In 2016, nearly 20 years after start of the company, Netflix launched in over 130 new countries.
5:30 Doors Open
6-7:00 Fireside Chat
7-8:00 Networking Reception
$15 - Chicago Booth Alumni
$20 - Alumni from any of the LA MBA partnering schools
Registration fee includes networking reception with heavy appetizers, beer, wine, and refreshments
Speaker Profiles
David Wells (Speaker)
CFO, Netflix
David Wells has served as the Company's Chief Financial Officer since 2010. His responsibilities include a number of operating duties such as customer service, real estate, and employee technology. Mr. Wells has been at Netflix since March 2004, serving in a variety of planning and analysis roles, including most recently as the Vice President of Financial Planning & Analysis.
Prior to joining Netflix, Mr. Wells served in progressive roles at Deloitte Consulting from August 1998 to March 2004 and in the non-profit world before getting his MBA.
Mr. Wells joined the Board of The Trade Desk, a public leading programmatic advertising platform company in January 2016.
Mr. Wells holds an MBA and M.P.P. from The University of Chicago, Booth School of Business and a Bachelor's Degree in Commerce from the University of Virginia.