Netflix appoints Spencer Neumann as CFO

MUMBAI: Internet TV network Netflix has roped in Spencer Neumann as the chief financial officer (CFO). Neumann is an accomplished media and financial executive who was most recently CFO of Activision Blizzard and previously held several senior positions at The Walt Disney Company. He succeeds David Wells who served as CFO since 2010.

“Spencer is a stellar entertainment executive and we’re thrilled that he will help us provide amazing stories to people all over the world. I also want to again say thank you to David Wells, on behalf of the company and our shareholders, for his invaluable contributions at Netflix over the past 14 years,” said Netflix CEO Reed Hastings.

“Netflix is a singular brand, and I’m excited and honored for the opportunity to work with the Netflix team and all of our stakeholders to build on the company’s exceptional track record of success and innovation,” said Spencer Neumann.

Neumann served as Activision Blizzard CFO from May 2017. Prior to that, he held a number of positions of increasing responsibility at Disney most recently serving as Walt Disney Parks and Resorts CFO, executive VP global guest experience from 2012 until May 2017.