Activision Blizzard's chief financial officer is being given the boot

Netflix Said to Have Poached CFO From Activision Blizzard


Neumann joined Activision Blizzard 18 months ago, and his contract hadn't expired, according to a securities filing.

The company did not elaborate on the reasons for the planned termination.

Officers saddened after truck hauling doughnuts goes up in flames
Police departments from across the country, including MA , reached out to express their condolences. "We feel your loss". The truck's fire was extinguished quickly and the cause remains undetermined but officers are investigating.

Usually, Call of Duty and World of Warcraft continue to carry the torch for Activision Blizzard's profit margin, however CNBC reported a fall from 352 million monthly active users down to 345 million in the company's third quarter.

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.

Canadian detained in China has been released
Prime Minister Justin Trudeau has confirmed that McIver's case does not appear to be linked to that of the other two detainees. A Dalian government news portal said this week Schellenberg had smuggled "an enormous amount of drugs" into China.

A source close to the issue has said that this all occurred after Netflix had poached Neumann to take on the role as CFO at the streaming company. The filing notes that the firing with cause was "unrelated to the company's financial reporting or disclosure controls and procedures", this is an important line because it indicates that although Neumann met the regulatory and financial obligations required of him, he failed to meet a legal requirement.

CNBC reports the share price for Activision Blizzard dropped by 1 percent after the news became public of the company's plans. In May 2017 when Neumann was appointed CFO Durkin was named Chief Corporate Officer and held that role until his return to CFO.

Manchester City must put pressure on Liverpool Bernardo Silva
And ahead of Thursday's encounter at the Etihad, Guardiola said: "I know today nobody trusts us but it is what it is". "Obviously [it boosted us]", the 27-year-old told Standard Sport when asked about Tottenham's result on Saturday.

The company further added that Neumann is on paid leave, and now has the opportunity to 'demonstrate why cause does not exist to terminate his employment or why termination of his employment is not otherwise justified'.

Latest News