Ahuja's resignation of Blizzard is not too long after the controversial announcement by the company of World of Warcraft at BlizzCon at the end of last year. Kotaku says there's been increased friction between Blizzard's management and Activision and Blizzard and the report also says that Blizzard is looking to reduce costs.

Updating: Netflix recently announced its official appointment of Spencer Neumann, who becomes the company's new CFO replacing David Wells. There's only a single reference in the company's press announcement about his job at Activision. It's unclear how soon it will be that he'll take on the new role , or whether he'll seek to prove he should not have been fired by Activision. The original story continues.

Activision Blizzard, the gaming company behind franchises such as World of Warcraft , World of Warcraft , World of Warcraft , and World of Warcraft , has lost one of its top executives. The publisher based in California announced that chief financial officer Spencer Neumann was notified on December 31 that his contract with Activision Blizzard was terminated.Activision Blizzard Execs Leave For Netflix, Square, And New Marvel Game - GS News Update

The company has decided to end Neumann's contract "for reasons unrelated to Financial reporting or disclosure controls and procedures," Activision Blizzard said in a US Securities & Exchange Commission filing. In a press release, it said Neumann was "terminated due to a violation of any legal obligations owed to the Company."Neumann is now in paid leave and he's been given the chance to "demonstrate the reason that no grounds exist for his termination or the reason why termination of his employment is not otherwise justified."

Activision Blizzard chief corporate officer Dennis Durkin is taking over the role of Neumann as CFO for the interim period. Should Neumann quit Activision Blizzard, Durkin will officially assume the position of CFO, the company said. Durkin was CFO from 2012 to 2017.

A source has told Reuters that Neumann is leaving Activision Blizzard to join video streaming giant Netflix. Netflix's former CFO, David Wells, announced last August that he would be leaving the company following 14 years. The source told Reuters that Netflix would like its new CFO to reside in Los Angeles, which Neumann is.

In the words of Reuters, Neumann is expected to start working at Netflix at the beginning of 2019 A formal announcement might be coming soon.Neumann was Activision Blizzard's Chief Financial Officer since May 2017. Before joining the business, Neumann rose through the ranks within Disney, eventually becoming his CFO for Walt Disney Parks and Resorts.

Blizzard have issued a disclaimer regarding World of Warcraft players after an increase in fraudulent logins via Battle.net along with the portable armory application.

Affected account owners who are and aren't using Blizzard Authenticator are in the process of being sent an email with instructions on how to reset their account. World of Warcraft customer support can restore gold and other items that are on affected accounts on request, Blizzard adds.


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