Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September 22, 2022, Ken Barker, the principal accounting officer of Netflix,
Inc. (the "Company"), submitted his resignation, effective October 7, 2022. 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 practices. Effective immediately following
Mr. Barker's resignation, Spencer Neumann, the Company's Chief Financial
Officer, will assume the role of principal accounting officer while the Company
searches for a permanent replacement.
Biographical and other information regarding Mr. Neumann is set forth in the
sections titled, "Our Company, Executive Officers" and "Certain Relationships
and Related Transactions" in the Company's Definitive Proxy Statement for the
2022 Annual Meeting of Stockholders, filed with the U.S. Securities and Exchange
Commission on April 22, 2022, and such information is incorporated by reference
herein. There are no arrangements or understandings between Mr. Neumann and any
other person requiring disclosure under Item 401(b) of Regulation S-K. Mr.
Neumann will not receive any additional compensation in connection with assuming
the responsibilities of the principal accounting officer of the Company.
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