Netflix Chief Content Officer Bela Bajaria Out, to be Replaced by Peter Rice

The exec change comes as Netflix has laid off 1,000 employees and is planning major structural changes October 15, 2026 @ 2:39 PM Netflix Chief Content Officer Bela Bajaria is exiting and being replaced by former Disney executive Peter Rice (Credit: Getty Images) Netflix Chief Content Officer Bela Bajaria is leaving Netflix and being replaced by former Disney and Fox executive Peter Rice, according to an individual with knowledge. She has been with the company since 2016 and assumed the top creative role since early 2023. She is being replaced Peter Rice, former Fox and Disney executive who just produced “The Social Reckoning.” Netflix declined to comment. Rice joined 20th Century Fox in 1989 and eventually was named president of the film production and distribution company in 2017. Once Disney acquired the studio, he became chairman of Walt Disney Television as well as chairman of General Entertainment for The Walt Disney Company, though he was let go in 2022 by then-CEO Bob Chapek. More to come…