Saturday , January 23 2021

Activision Blizzard dismissed his chief financial officer

Generally, these days are small movements for video game companies, and the relevant information is considered. But the situation is very different from the financial sector, and a few moments ago, important information was revealed from Activision Blizzard.

A few hours ago, CNBC He announced that Activision Blizzard dismissed Spencer Neumann from his position as CFO, which he pursued after arriving in the company in 2017 after his appointment as finance director for the Disney parks and hotels. According to the information, the company chose not to reveal the reasons why Neumann was dismissed, but said the decision has nothing to do with the negative performance of Activision Blizzard shares, which closed the year with a drop of 26%. compared to 2017. As expected, the decision had an impact on the financial sector, and before the closing of the stock exchange, the company's shares fell 1% after the publication of the decision.

Also the report from CNBC He says that Neumann currently has a full pay license and that Tom Durkin will fill the position of CFO tomorrow. Although Neumann is expected to appeal to Activision Blizzard's decision, the information shows that the company's plan is to terminate the employment relationship.

At the time of writing this note, Activision Blizzard has not disclosed any additional information.

Follow here, in LEVEL UP.


Source link