Ken Barker, a 19-year veteran of video game maker Electronic Arts, has been named VP and principal accounting officer at Netflix.The exec will take over the accounting role from Spencer Neumann, who had been handling it along with his duties as the company’s chief financial officer.
Neumann will remain CFO after Barker’s arrival, according to the official announcement of the move.Barker, 55, will start his new position on June 27, reporting to Neumann.From 2003 to 2022, Barker held various positions at EA, most recently as SVP of finance.
From 2003 to 2021, he was the company’s chief accounting officer. Before EA, Barker worked at Sun Microsystems and Deloitte & Touche.In an SEC filing, Netflix said Barker will get an annual base salary of $2.4 million and an annual stock option allowance of $600,000.The exec moves come as Netflix navigates one of the most challenging periods in its 25-year history.
After two straight disappointing quarters and a warning of widening subscriber losses, the company’s market value has plunged to one-third of its level just six months ago.
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.