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Spencer Neumann is a highly accomplished financial executive with extensive experience in the media, entertainment, and technology sectors. As the Chief Financial Officer (CFO) of Netflix, he is responsible for overseeing all aspects of the company's financial operations, including financial planning and analysis, accounting, tax, treasury, and investor relations. Before joining Netflix in 2019, Neumann held the CFO position at Activision Blizzard and spent over a decade at The Walt Disney Company in various senior finance and strategy roles, culminating as the CFO and Executive Vice President of Global Guest Experience for Walt Disney Parks and Resorts. His career began at PricewaterhouseCoopers and he also served as a principal at the private equity firm Providence Equity Partners. Neumann holds an MBA from Harvard University and a B.A. in Economics from Louisiana State University.
Spencer Neumann's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
As CFO, Spencer Neumann has been instrumental in guiding Netflix's financial strategy through major business model transitions, including the successful global launch of a lower-priced ad-supported subscription tier and the implementation of a paid sharing model to monetize password sharing, creating significant new revenue streams.
He oversees one of the largest content budgets in the entertainment industry, strategically managing over $17 billion annually in content spending to fuel global growth and maintain the company's competitive edge in the streaming landscape.
During his tenure as CFO at Activision Blizzard, he managed the financial health of the gaming giant, overseeing the financial operations for major franchises like Call of Duty and World of Warcraft, contributing to the company's strong market position.
As CFO of Walt Disney Parks and Resorts, he was responsible for the financial stewardship of a global portfolio of theme parks, resorts, and cruise lines, overseeing major capital investments and strategic growth initiatives for iconic destinations worldwide.
Harvard University - Year 1995
Harvard University - Year 1988
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Netflix is a global streaming entertainment service offering a vast library of TV series, documentaries, feature films, and mobile games across a wide variety of genres and languages. Subscribers can watch as much as they want, anytime, anywhere, on any internet-connected screen. The company has become a dominant force in the industry, known for its high-quality original content, data-driven recommendations, and pioneering a new era of on-demand viewing.
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