- Roku has announced that CFO Steve Louden is planning to step down after the company hires a successor
Roku has announced that Chief Financial Officer Steve Louden is planning to step down after the company hires a successor. Louden had become CFO of the Los Gatos, California-based streaming device company in 2015. Since the company went public in 2017, its stock jumped over 350% this year and nearly 10-fold since then.
“Steve has been a valuable member of our leadership team. He managed our finances through our transition to a public company and rapid expansion into new areas of streaming,” said Roku founder and chief executive officer Anthony Wood. “I look forward to working with Steve during the transition as we hire our next CFO and continue to execute our strategy and build value for our customers, employees, and shareholders.”
What is Louden doing next? He is planning to return home to the Seattle area with his family after assisting with a smooth transition.
“I’m very proud of Roku’s accomplishments,” Louden added. “Given the company’s strong financial position and exciting growth plans and my desire to relocate with my family back to Seattle, this is the right time for me to help Roku bring on a new financial leader.”
