Netflix Chief Accounting Officer Departs After Three Months

Netflix is on the hunt for a new chief accounting officer.

The streaming giant said Friday that Ken Barker, who had joined the company in June, had tendered his resignation effective Oct. 7.

“Mr. Barker’s resignation was a personal decision and is not the result of any disagreement with the Company on any matter relating to the Company’s financials, operations, policies, or practice,” Netflix added in a securities filing.

Netflix says that its CFO, Spencer Neumann, will assume the role of the company’s principal accounting officer until it identifies a permanent replacement. The chief or principal accounting officer fills a critical role at any publicly-traded company, overseeing all accounting and financial reporting.

Barker had joined Netflix from Electronic Arts, where he was a senior vp.

The company will be seeking a new CAO at a critical juncture, as it seeks to control costs and jumpstart new revenue streams. Most notably, Netflix will launch a less expensive advertising tier in the coming months.

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