Netflix Chief Accounting Officer Ken Barker Resigns After 3 Months In Role; CFO Spencer Newman To Assume Duties During Replacement Search

deadline.com:

Ken Barker, the principal accounting officer at Netflix, has resigned from the company just three months after he arrived.In an SEC filing, the company said Barker submitted his resignation on Thursday.

The filing described it as a “personal decision” and emphasized that it was “not the result of any disagreement with the company on any matter relating to the company’s financials, operations, policies, or practices.”Netflix CFO Spencer Neumann will take on the role of principal accounting officer during the search for Barker’s permanent replacement, the company said.Barker joined Netflix last June after a 19-year run at Electronic Arts.

Before EA, Barker worked at Sun Microsystems and Deloitte & Touche.The exec shuffle comes as Netflix navigates one of the most challenging periods in its 25-year history.

The company has laid off workers and trimmed expenses in an effort to right the ship after two straight disappointing quarters.