Spencer Neumann (born in 1968) is an American Businessman, Executive and Chief Financial Officer (CFO) of Netflix from Greater LA, USA. However, he removed from the CFO of gaming company within two years. The name of the company is Activision Blizzard. He handled the financial reporting of the organization. Still, the company did not give any statement related to removal. The officials though Spencer is looking for better opportunities.
He goes to prefer what suits his career. Furthermore, online streaming platforms follow an aggressive hiring policy. The officials approach the top management people from various companies. After that, they try to lure them with money and powers. Some companies like Viacom and Fox have sued them over there hiring schemes.
On the other hand, Neumann takes the place of David Wells (Former CFO). He has stepped down from his post after giving 14 years to the company. Apart from that, Mr. Neumann holds the experience of working with Watt Disney Internet Group, Summit Partners. Netflix spends around $8 billion US Dollars on his content.
They are planning to increase the budget from 2019. Still, the streaming platform is playing a safe game. In the mid of 2019, Disney is set to enter in the video streaming field too. During 2018, there are more than 7 million subscribers added to Netflix. There is steady growth seen in the revenue to 40% in the last quarter.
In fact, the coming years are essential as Netflix is planning to have 137 million subscribers. However, Activision is facing the big crisis. The shares of the gaming company dropped from 2018. They hope that Spencer’s replacement Dennis Durkin can save the financial stability of the company.
Profile, Parents & Early Life
Mr. Neumann took birth in the year of 1968 in Greater Los Angeles, USA. Therefore, he has attained the age of 50 years as of 2019. He is a highly brilliant person in academics.
In fact, Spencer earns his Bachelor’s in Economics and MBA from the Harvard University. Though, he keeps his personal life as a secret from media.
His nationality is American. Moreover, Spencer Neumann belongs to White-Caucasian ethnicity.
|Full Real Birth Name||Spencer Neumann.|
|Famous For||Appointed as the Chief Financial Officer (CFO) of Netflix.|
|Age (As of 2018)||50 years old|
|Date of Birth (DOB), Birthday||1968.|
|Birthplace/Hometown||Greater Los Angeles, USA.|
|Star Sign (Zodiac Sign)||Will Update.|
|Ethnicity||White Caucasian Descent.|
|Current Residence||Greater Los Angeles, USA.|
|Career Timeline||1. CFO, Netflix.
2. CFO, Activision Blizzard.
3. Executive VP, ABC Television Network.
4. VP, Global Guest Experience in Disney Parks & Hotels.
|Height (Tall)||Feet & Inches: 5' 11".
Centimeters: 180 cm.
Meters: 1.8 m.
|Weight||Kilograms: 73 Kg.
Pounds: 160 lbs.
|Biceps Size||12 inches.|
|Body Measurements (chest-waist-hips)||42-32-33.|
|Shoe Size (UK)||11.|
|Parents||Father: Not Known.
Mother: Will Update.
|Siblings||Brother: Name Not Known.
Sister: Will Update.
|Personal Life Relationship|
|Dating History?||Not Found.|
|Wife/Spouse Name||Name Not Known.|
|Highest Qualification||Degree in Economics and MBA from Harvard University.|
|School||High School, Greater Los Angeles.|
|Alma Mater||Harvard University.|
|Hobbies & Favorite Things|
|Favorite Celebrities||Actor: Bruce Lee.
Actress: Lucy Liu & Claudia Kim.
|Dream Holiday Destination||Switzerland.|
|Favorite Color||White & Black.|
|Love to do||Travel & Read Books.|
|Favorite Dishes||Sea Food.|
|Net worth (Approx.)||$45 Million US dollars (As of 2018).|
|Earnings per month||Under review.|
|Home Details||Not Known|
|Mobile or Phone Number||Will Update.|
|Official Website||Not Found.|
Some Lesser Known Facts about Spencer Neumann
- Spencer served at the different top-level position before moving to Netflix.
- He worked for the ABC Television Network as the Executive Vice President in 2001.
- In fact, he joined two finance companies Providence Equity Partners and Summit Partners.
- He has extensive work experience at the Global Guest Experience in the Disney hotels and parks.
- Furthermore, he moved to Activism Blizzard as the CFO in 2017.
Read Also: The Profile of JD Harmeyer & Wikipedia Trivia
- After joining Netflix, he uses his knowledge of content for the company’s growth.
- It is beneficial for them to compete with the family-friendly product of Disney.
- Primarily, he focuses on to increase the database of the organization on the internet.
- The major benefit of taking Spencer Neumann is to get the details of the inner working of Netflix.