Netflix has hired PayPal veteran Jeffrey Karbowski, 45, as VP and Chief Accounting Officer.
The staffing move follows a somewhat unusual sequence in 2022. Karbowski’s predecessor was Ken Barker, who joined the company after a 19-year run at video game maker Electronic Arts, only to resign last September after only three months in the job. An SEC filing at the time said the departure was due to personal reasons.
Karbowski will report to Netflix CFO Spencer Neumann, who had been heading up accounting pending a search.
The newly minted exec held various posts at PayPal since joining the payment tech firm in 2013. He was most recently VP, Chief Accounting Officer. Prior to joining PayPal, Karbowski served as director of accounting at Microsoft-owned Skype and a senior manager at accounting firm Ernst & Young.
Netflix said in an SEC filing it is paying Karbowski an annual base salary of 2 million, a...
The staffing move follows a somewhat unusual sequence in 2022. Karbowski’s predecessor was Ken Barker, who joined the company after a 19-year run at video game maker Electronic Arts, only to resign last September after only three months in the job. An SEC filing at the time said the departure was due to personal reasons.
Karbowski will report to Netflix CFO Spencer Neumann, who had been heading up accounting pending a search.
The newly minted exec held various posts at PayPal since joining the payment tech firm in 2013. He was most recently VP, Chief Accounting Officer. Prior to joining PayPal, Karbowski served as director of accounting at Microsoft-owned Skype and a senior manager at accounting firm Ernst & Young.
Netflix said in an SEC filing it is paying Karbowski an annual base salary of 2 million, a...
- 1/9/2023
- by Dade Hayes
- Deadline Film + TV
Netflix’s new principal accounting officer Ken Barker, who began in his role on June 27, is exiting the streamer early next month, the company disclosed in an SEC filing Friday.
The filing says that Barker announced his resignation on Thursday and that his exit will be effective Oct. 7. The filing adds that the reason for his exit 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 practices.”
CFO Spencer Neumann will assume the role of principal accounting officer in the interim while a search is underway for a permanent replacement.
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Barker in June took over the role that Jc Berger had held for the past 15 years, where he served as Netflix’s global controller.
From June 2003 to June 2022, Mr.
The filing says that Barker announced his resignation on Thursday and that his exit will be effective Oct. 7. The filing adds that the reason for his exit 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 practices.”
CFO Spencer Neumann will assume the role of principal accounting officer in the interim while a search is underway for a permanent replacement.
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Barker in June took over the role that Jc Berger had held for the past 15 years, where he served as Netflix’s global controller.
From June 2003 to June 2022, Mr.
- 9/23/2022
- by Brian Welk
- The Wrap
Click here to read the full article.
Netflix is on the hunt for a new chief accounting officer.
The streaming giant said Friday that Ken Barker, who had joined the company June 27, 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...
Netflix is on the hunt for a new chief accounting officer.
The streaming giant said Friday that Ken Barker, who had joined the company June 27, 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...
- 9/23/2022
- by Alex Weprin
- The Hollywood Reporter - Movie News
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.
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.
- 9/23/2022
- by Dade Hayes
- Deadline Film + TV
Click here to read the full article.
Viewership records for Stranger Things weren’t enough to save Netflix shares from being hit with a downgrade on Tuesday.
Benchmark analyst Matthew Harrigan downgraded them from “hold” to “sell” with a new price target of 157. “We are reverting our rating on Netflix to ‘sell,’ admittedly after having prematurely upgraded the stock to ‘hold’ following fourth-quarter earnings,” he explained. “We have made mild estimate revisions off continued U.S. dollar strength, including versus the yen and European currencies, that is likely not fully reflected in prior second-quarter guidance or analyst consensus.”
Outlining the broader reasons for his bearish view, Harrigan wrote: “We are skeptical on any sustained Netflix stock recovery even as bulls are (or were) talking up its 14.1 times forward price/earnings off 2023 consensus estimates (15.4 times per Benchmark).” He added that “an issue is moderating growth,” pointing to free cash flow trends,...
Viewership records for Stranger Things weren’t enough to save Netflix shares from being hit with a downgrade on Tuesday.
Benchmark analyst Matthew Harrigan downgraded them from “hold” to “sell” with a new price target of 157. “We are reverting our rating on Netflix to ‘sell,’ admittedly after having prematurely upgraded the stock to ‘hold’ following fourth-quarter earnings,” he explained. “We have made mild estimate revisions off continued U.S. dollar strength, including versus the yen and European currencies, that is likely not fully reflected in prior second-quarter guidance or analyst consensus.”
Outlining the broader reasons for his bearish view, Harrigan wrote: “We are skeptical on any sustained Netflix stock recovery even as bulls are (or were) talking up its 14.1 times forward price/earnings off 2023 consensus estimates (15.4 times per Benchmark).” He added that “an issue is moderating growth,” pointing to free cash flow trends,...
- 6/14/2022
- by Georg Szalai
- The Hollywood Reporter - Movie News
Netflix has hired Ken Barker, a former executive of Electronic Arts, Inc., to serve as its principal accounting officer and take over accounting duties from Spencer Neumann, who is remaining the streamer’s CFO and principal financial officer.
Barker was hired on Friday and his appointment was disclosed in a securities filing to the SEC on Monday. He will begin in his role on June 27 and report to Neumann. Barker will take over the role that Jc Berger has held for the past 15 years, where he served as Netflix’s global controller.
From June 2003 to June 2022, Mr. Barker served in various roles at EA, most recently as SVP Finance from August 2021, and SVP, chief accounting officer from June 2003 to August 2021. Prior to joining Electronic Arts, Mr. Barker was at Sun Microsystems, Inc., as its Vice President, Corporate Controller, and at Deloitte & Touche Llp as an audit partner.
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Barker was hired on Friday and his appointment was disclosed in a securities filing to the SEC on Monday. He will begin in his role on June 27 and report to Neumann. Barker will take over the role that Jc Berger has held for the past 15 years, where he served as Netflix’s global controller.
From June 2003 to June 2022, Mr. Barker served in various roles at EA, most recently as SVP Finance from August 2021, and SVP, chief accounting officer from June 2003 to August 2021. Prior to joining Electronic Arts, Mr. Barker was at Sun Microsystems, Inc., as its Vice President, Corporate Controller, and at Deloitte & Touche Llp as an audit partner.
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Why...
- 6/13/2022
- by Brian Welk
- The Wrap
Netflix has tapped longtime finance executive Ken Barker as principal accounting officer, reporting to CFO Spencer Neumann.
Netflix revealed the hiring of Barker in an SEC filing Monday. Barker starts at Netflix on June 27.
”Mr. Barker is assuming the role of Principal Accounting Officer from Spencer Neumann, who continues to serve as the Company’s Chief Financial Officer and Principal Financial Officer,” the Netflix filing says.
Previously, the primary accounting exec at Netflix was Jc Berger, VP of finance and global controller, who worked at the company for the past 15 years. Berger’s last day at Netflix was June 10.
Barker, 55, comes from games company Electronic Arts, most recently as senior VP finance since August 2021, and as SVP and chief accounting officer from June 2003 to August 2021. Prior to joining EA, Mr. Barker worked at Sun Microsystems as corporate controller and at Deloitte as an audit partner.
Barker joins Netflix as the...
Netflix revealed the hiring of Barker in an SEC filing Monday. Barker starts at Netflix on June 27.
”Mr. Barker is assuming the role of Principal Accounting Officer from Spencer Neumann, who continues to serve as the Company’s Chief Financial Officer and Principal Financial Officer,” the Netflix filing says.
Previously, the primary accounting exec at Netflix was Jc Berger, VP of finance and global controller, who worked at the company for the past 15 years. Berger’s last day at Netflix was June 10.
Barker, 55, comes from games company Electronic Arts, most recently as senior VP finance since August 2021, and as SVP and chief accounting officer from June 2003 to August 2021. Prior to joining EA, Mr. Barker worked at Sun Microsystems as corporate controller and at Deloitte as an audit partner.
Barker joins Netflix as the...
- 6/13/2022
- by Todd Spangler
- Variety Film + TV
Click here to read the full article.
Netflix has hired a new executive to oversee its accounting, taking over the responsibility from Netflix CFO Spencer Neumann, and effectively succeeding Jc Berger, who had been the company’s global controller.
Ken Barker, most recently a finance senior vp at video game giant Electronic Arts, will become Netflix’s “Principal Accounting Officer,” reporting to Neumann, who will remain the company’s CFO. The company disclosed Barker’s hiring in a securities filing Monday.
Barker will start at Netflix on June 27, with the official title of VP and chief accounting officer. Before joining EA, Barker worked as an executive at Sun Microsystems, and at Deloitte & Touche Llp.
The executive joins Netflix at a critical moment for the company, particularly in two areas an accounting executive would be closely involved in: Expenses, and revenues.
Netflix has begun taking a more cautious approach to expenses,...
Netflix has hired a new executive to oversee its accounting, taking over the responsibility from Netflix CFO Spencer Neumann, and effectively succeeding Jc Berger, who had been the company’s global controller.
Ken Barker, most recently a finance senior vp at video game giant Electronic Arts, will become Netflix’s “Principal Accounting Officer,” reporting to Neumann, who will remain the company’s CFO. The company disclosed Barker’s hiring in a securities filing Monday.
Barker will start at Netflix on June 27, with the official title of VP and chief accounting officer. Before joining EA, Barker worked as an executive at Sun Microsystems, and at Deloitte & Touche Llp.
The executive joins Netflix at a critical moment for the company, particularly in two areas an accounting executive would be closely involved in: Expenses, and revenues.
Netflix has begun taking a more cautious approach to expenses,...
- 6/13/2022
- by Alex Weprin
- The Hollywood Reporter - Movie News
Auctioneer Bonhams has a number of lots related to Doctor Who in its entertainment memorabilia sale on Wednesday 16th December at Knightsbridge in London.
Going under the hammer are the following (estimate in brackets):
Two vampire guard costumes from State of Decay (£150-£200 and £200-£300)
A Tetrap costume (pictured) from Time and the Rani (£4,000-£4,500)
Thawn's costume from The Power of Kroll labelled with actor Neil McCarthy's name (£650-£750)
Four rehearsal scripts from The Robots of Death (£250-£300) with a short, typewritten letter dated 14th October 1976 indicating that the part of SV7 was originally offered to the actor Hilary Minster.The role was eventually played by Miles Fothergill. Minster appeared in Planet of the Daleks and Genesis of the Daleks.
A Time Lord robe believed to have been used in The Deadly Assassin and Arc of Infinity (£500-£600)
A partial Cyberman costume worn by Ken Barker in Attack...
Going under the hammer are the following (estimate in brackets):
Two vampire guard costumes from State of Decay (£150-£200 and £200-£300)
A Tetrap costume (pictured) from Time and the Rani (£4,000-£4,500)
Thawn's costume from The Power of Kroll labelled with actor Neil McCarthy's name (£650-£750)
Four rehearsal scripts from The Robots of Death (£250-£300) with a short, typewritten letter dated 14th October 1976 indicating that the part of SV7 was originally offered to the actor Hilary Minster.The role was eventually played by Miles Fothergill. Minster appeared in Planet of the Daleks and Genesis of the Daleks.
A Time Lord robe believed to have been used in The Deadly Assassin and Arc of Infinity (£500-£600)
A partial Cyberman costume worn by Ken Barker in Attack...
- 12/13/2009
- by Anthony Weight
- The Doctor Who News Page
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