Reuters reported Monday mentioning a source the media streaming company had poached Neumann from the video game publisher.
Netflix, that will be making more of its own films and shows, would enjoy its second CFO to be established in Los Angeles with a focus on production finance, the source told Reuters.
Neumann has served in many different finance functions, such as at Walt Disney Co.. He replaces David Wells, who in August said he planned to step down after 14 years at the streaming media giant.
Meanwhile, Activision on Wednesday named Dennis Durkin as CFO in place of Neumann, who was terminated for breaking his legal duties to the business.