Advanced TV company TiVo has named Naveen Chopra, the company’s chief financial officer, interim chief executive officer, effective January 30, 2016.
Mr. Chopra will succeed Tom Rogers, who, as previously announced by TiVo, will become non-executive chairman of the board.
In addition, the board announced that Wendy Markus Webb, a highly-respected executive with more than 30 years of experience in treasury, investment banking, investor relations and capital markets, has joined the board and the board’s audit committee effective Monday, January 11, 2016.
“I look forward to continuing to work with my talented colleagues to grow value for our shareholders,” comments Chopra. “Moving forward, we will be highly focused on product innovation, accelerating profitability, enhancing subscription growth, and securing new distribution agreements across an expanded geographic footprint — in addition to safeguarding TiVo’s invaluable intellectual property.”