Activision-Blizzard CFO Fired for 'Causes Unrelated to the Company's Financial Reporting'
03 January, 2019, 05:26 | Author: Sally Reid
Activision in its regulatory filing said that it meant to terminate Neumann "for cause unrelated to the company's financial reporting or disclosure controls and procedures".
Netflix has confirmed rumors from earlier this week and officially announced that it is hiring Spencer Neumann as its new chief financial officer, just days after he was placed on leave pending firing from that same role at Activision Blizzard. During his time as CFO, Activision Blizzard started to become scrutinized by the public for the increased cost of the games they released including DLC and pay to win models similar to their competition; it should be noted this continued into Neumann's tenure in the position.
Chief Corporate Officer (COO) Dennis Durkin will act as the company's CFO in the meantime, according to a filing. Before joining Activision Blizzard, Neumann served as CFO and executive vice president of Global Guest Experience for Walt Disney Parks and Resorts from 2012-2017. Activision Blizzard, for its part, has not commented on Neumann's departure from the company beyond the statements included in its SEC filing.
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I was very confident that " Big Boss " is about being you and I would be myself and that's the reason why I have won the show. While S Sreesanth was adjudged the first runner-up during Bigg Boss 12 finale, Deepak Thakur was the second runner-up.
Activision Blizzard has had a bit of a turbulent year, owing to a steady to decline in that all-important monthly active user (MAU) count, with weak growth across many of its major properties. Now he returns to being CFO going forward.
If Neumann ultimately ceases to be the CFO, then Durkin will take over the role, the company said.
"Spencer is a stellar entertainment executive and we're thrilled that he will help us provide wonderful stories to people all over the world", said Reed Hastings, Netflix Chief Executive Officer.
She is wanted in the United States on allegations she lied to American banks as part of an effort to get around sanctions on Iran. Prime Minister Justin Trudeau has confirmed that McIver's case does not appear to be linked to that of the other two detainees.
Heavy rain and strong winds will combine to make travel hard by air or road Friday in the parts of the East. A severe storm system has caused blizzard conditions throughout the Midwest and heavy rainfall in the South.
During the brief session in the House, Republicans shot down a Democratic attempt to vote on legislation to reopen the government. Drew Hammill, spokesman for Pelosi said Democrats will not fund Trump's "immoral, ineffective and expensive wall".
City have a doubt over playmaker Kevin De Bruyne , who missed Sunday's victory at Southampton with a muscle injury. But Guardiola is said to have identified where his players can hurt Liverpool in their crunch showdown.
However, if they are serious about becoming as good as their noisy neighbours and chart their own history in the history books. It was a scintillating match, and one that we'll remember as the best of the year.
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He even scrambled for a few hard-fought yards with former Miami Dolphins quarterback and Hall of Famer Dan Marino in attendance. I'd feel much more comfortable with Alabama at -3.5 than I am with Saban's crewing being favored by almost a touchdown.