Netflix chief accounting officer gives up $2.4 million position after just 4 months on the job

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Netflix chief accounting officer gives up $2.4 million position after just 4 months on the job
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Netflix’s chief accounting officer resigned less than three months after he joined the company, according to the streaming giant’s regulatory filing.

The streaming giant NFLX, -5.56% said in a regulatory filing Friday that Ken Barker has submitted his resignation effective Oct. 7. Barker, 55, joined the company on June 27 from Electronic Arts Inc. EA, -2.67%, where he was senior vice president finance, the company disclosed in a June filing with the Securities and Exchange Commission.

Prior to his role at Electronic Arts, Barker was at Sun Microsystems Inc. as vice president, corporate controller, and served as an audit partner at Deloitte & Touche LLP. The news comes as Netflix gears up for the addition of a new ad-supported streaming service tier, a move that came after disappointing subscriber news early in the year amid heightened competition from new streamers, notably Walt Disney Co.’s DIS, -3.71% Disney+ service.

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