Netflix has reportedly poached Activision Blizzard executive Spencer Neumann to serve as its new CFO.
Neumann, who held the same role at the video game company for less than two years, is expected to join the streaming giant early this year, Variety reports. At Netflix, Neumann is replacing David Wells, who announced that he planned to step down last summer after 14 years at the company.
Activision Blizzard, which is behind titles like Call Of Duty and Candy Crush Saga, announced that it planned to fire Neumann “for cause” in an SEC filing on Dec. 31
, though it did not provide any additional details. Meanwhile, the company’s chief corporate officer, Dennis Durkin, will assume CFO duties, and is expected to be named to the position permanently, according to Variety.Prior to joining Activision Blizzard, Neumann had served as CFO and EVP of global guest experience at Disney’s Parks and Resorts division since 2012.
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