TiVo has appointed its CFO, Naveen Chopra, as its interim CEO, replacing Tom Rogers, who is stepping aside on Jan. 31 to assume the role of non-executive chairman.
Chopra has been with the DVR and TV user-interface maker since 2003, primarily serving as CFO, but also leading TiVo's corporate development and strategy initiatives. He held roles at Hewlett-Packard, Microsoft and Moxi Digital before joining TiVo.
"Naveen is the perfect choice to serve as interim CEO," said Rogers in a statement. "He and I have worked incredibly closely for the last 11 years, and he deserves tremendous credit for much of the progress TiVo has made in becoming the global leader in advanced television. I am enthusiastic about continuing to work with Naveen as we step into our new roles at TiVo."
Added 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."
TiVo announced in November that Rogers would be stepping down as CEO after spending a transformative 11-year stint in the role. During that span, Rogers transitioned TiVo into being one of the cable industry's most powerful vendors, supplying most mid-sized operators in the U.S and beyond with advanced video technology.
TiVo also said that veteran financial executive Wendy Markus Webb has joined the company's board and its audit committee.
For more:
- read this TiVo press release
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