Online streaming giant, Netflix has appointed Spencer Neumann as its Chief Financial Officer (CFO).
Reports suggested that Netflix had poached Neumann from the video game publisher, Activision Blizzard.
Neumann has served in a variety of finance roles, including at Walt Disney Co. He replaces David Wells, who in August said he planned to step down after 14 years at the streaming media giant.
ALSO READ: Indian-American Raj Subramaniam named as FedEx Express CEO
Meanwhile, Activision on Wednesday named Dennis Durkin as CFO in place of Neumann, who was terminated for violating his legal obligations to the company.