Elizabeth Stone is a business executive who serves as the Chief Technology Officer (CTO) at Netflix, a subscription-based streaming service. Stone, who holds a degree in Economics, is the first person to be appointed the CTO of a Fortune 500 company.
Elizabeth Stone joined the streaming service in 2020 as the Vice President (VP) of Data Science and Engineering. With more than two decades of experience, she quickly rose over the ranks, getting two promotions in four years. Now, as the CTO, she leads the company’s Data & Insights and Engineering organizations.
This article will look into Elizabeth Stone’s net worth, education, career, and more.
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Elizabeth Stone Net Worth
Unfortunately, there is no information available on Elizabeth Stone’s net worth at the moment.
However, Stone has always held high-ranking positions throughout her career spanning over two decades. It is highly likely that she must have accumulated sufficient wealth. Also, as the CTO of a Fortune 500 company, Stone must be receiving a hefty salary as well as bonuses.
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Education
Elizabeth Stone completed her Bachelor of Science in Economics at the Massachusetts Institute of Technology (MIT) in 2003, with concentrations in German and Spanish. She was inducted into Phi Beta Kappa and served as an interviewer for MIT Undergraduate Admissions.
Stone then pursued her Ph.D. in Economics at Stanford University from 2006 to 2010, focusing on the fields of Finance and Macroeconomics. Her dissertation was titled “Equity Derivatives: Regulation and Uncertainty.”
During her doctoral studies, she also worked as a Teaching Assistant for Econometrics courses.
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Career
Elizabeth Stone began her career as an Equity Derivatives Trader at Merrill Lynch in 2003. There she structured, priced, and traded derivative products based on major indices, managing a trading book that averaged $25 million in annual profits.Â
She also worked on risk management and collaborated with teams to enhance pricing and risk analysis technologies.
In 2006, she joined Cambridge Finance Partners as an Economic Consultant, where she performed economic analysis for Enron-related litigation and assessed the California energy crisis, including evaluating hedging strategies for energy utilities.
From 2010 to 2016, Stone worked at Analysis Group as a Vice President. She specialized in finance and securities, conducting economic analyses and supporting expert testimony related to market efficiency, securities valuation, and regulatory impacts. During her tenure, she was promoted from Associate to Manager and later to Vice President.
Stone served as Chief Operating Officer at Nuna Inc. from 2016 to 2018. Initially, she managed the Data Science team. Then, she guided the creation of a Medicaid claims database and developed healthcare quality measurement products. Her role expanded to overseeing all product development teams, including Data Science, Engineering, Product, and Design.
After leaving Nuna Inc., she transitioned to Lyft as VP of Science, leading a team of over 200 people responsible for driving data-based decision-making and product improvements through measurement frameworks, experimentation, and algorithms.
She joined Netflix in 2020 as the VP of Product Data Science & Engineering at Netflix, where she oversaw data science and engineering for product development. She was later promoted to VP of Data & Insights, where she led Netflix’s Data & Insights and Engineering organizations, focusing on consumer research, experimentation, metrics development, network engineering, and machine learning.
Since 2023, Elizabeth Stone has been the Chief Technology Officer at Netflix. She leads the Data & Insights and Engineering organizations.
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Latest Updates
Elizabeth Stone continues to lead Netflix as its CTO with her wisdom and expertise. She continues to preside over the data science and technical teams, and conduct internal and customer research. She also oversees the research and development of machine learning algorithms at Netflix.
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FREQUENTLY ASKED QUESTIONS
Who is Netflix’s CTO?
Elizabeth Stone is the Chief Technology Officer (CTO) of Netflix. Stone joined the streaming service in 2020 and holds a degree in Economics from the Massachusetts Institute of Technology (MIT).
Is Elizabeth Stone an Economist?
Yes, Netflix’s CTO Elizabeth Stone is an economist. She has a degree in Economics from MIT and is the only CTO who holds an Economics degree in a Fortune 500 company.
