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

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.

"At Netflix, we expect our leaders to build and maintain trust, share context generously, collaborate cross-functionally, and cultivate an environment where people can do their best work," she wrote.

"Jon and I have discussed these needs directly over time, and my decision reflects this standard now and going forward." The ads business is one of the key levers Netflix is leaning on for growth, along with live sports and creator content, as Wall Street worries about the streamer's US engagement growth slowing.

The company said this year that in countries where it offers an ads tier, more than 60% of new subscribers choose its cheaper, ad-supported plan.

Whitticom, Netflix's VP of ads product, started as an ad platform advisor in early 2023.

His appointment was closely watched because of its potential to help Netflix decide how to level up its then-nascent advertising business.

He previously was chief product officer at Comcast-owned ad startup FreeWheel.