Most likely.
Well um yes some CEO's do bother with minion things. Worked at appl in early 90's. If a team or division wanted to produce a t-shirt or something tangible to celebrate a milestone or accomplishment those designs HAD to be approve at the BOD or CEO level. No exceptions. This was also the time when apple stopped buying kegs of beer for the ee's because of liability issues-Beer Bust Fridays at CC1 for example. It used to be a fun, dynamic place to work.
Who he replaced…..B. McCarthy.
Wells shows up just after NFLX one and ONLY stock split. Then the floodgates opened. Went to the well so many times with secondary offerings and unexpired shelf registrations. That company is the poster child of stock options…only Benioff at salesfarce is/was worse than the upper mgmt at NFLX