Roku Hires Dan Jedda, Former Amazon and Stitch Fix Exec, as CFO

  • 📰 Variety
  • ⏱ Reading Time:
  • 78 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

Roku announced that Dan Jedda, a 15-year veteran of Amazon and former CFO of Stitch Fix, will join the streaming platform company as chief financial officer effective May 1. He will report to Roku …

, a 15-year veteran of Amazon and former CFO of Stitch Fix, will join the streaming platform company as chief financial officer effective May 1.. According to the company, Louden will work closely with Jedda during transition period before Loudon exits the company in August 2023. Louden had previously planned to step down as CFO in late 2019 but later decided to remain at Roku.— and the company expects overall revenue to decline about 5% in the first quarter of 2023.

Since 2020, Jedda has been the CFO at internet personal-styling service Stitch Fix. On Tuesday, Stitch Fix announced that he was leaving to “pursue another opportunity.” Prior to Stitch Fix, Jedda worked at Amazon for 15 years, predominantly as VP and CFO for digital video , digital music, and the advertising and corporate development organizations. He also oversaw Amazon’s Digital Video and Advertising Economist and Analytics team.

“As our U.S. active accounts approach half of U.S. broadband households, we are thrilled to have Dan join our executive team,” said Wood in announcing Jedda’s hire. “As we recently shared, we are committed to a path that delivers positive adjusted EBITDA next year, and Roku will benefit from Dan’s relevant experience and proven leadership as we move through our next stage of growth.”

Jedda commented, “I am excited to join one of the most interesting, innovative, and successful companies in the industry at a pivotal time. I look forward to working with Anthony and team to help continue driving growth, building Roku’s position as the No. 1 TV streaming platform in the U.S., Canada and Mexico, and focusing on profitability.”

Before joining Amazon in 2005, Jedda served as a controller for Toshiba America. He also spent several years at Honeywell and ADC Telecommunications in various business finance roles, including treasury and internal audit. He received a bachelor’s degree in accounting and finance from the University of St. Thomas and an MBA from the University of Minnesota.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 108. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Citadel Trailer Previews Russo Brothers' Spy SeriesAmazon Studios has released the first Citadel trailer for the Russo Brothers' upcoming global event series.
Source: comingsoonnet - 🏆 578. / 51 Read more »

The best deals on spring cleaning essentials from Amazon and WalmartHow do you prepare for spring cleaning? Amazon and Walmart have deals on cleaning essentials to get your ready for spring cleaning 2023
Source: njdotcom - 🏆 282. / 63 Read more »

Russo Brothers’ Spy Series ‘Citadel’ Unveiled By AmazonThe Russo brothers executive produce ‘Citadel’ a big-budget spy series coming to Prime Video. Trailer:
Source: screencrushnews - 🏆 544. / 51 Read more »

Boots Riley Amazon Series ‘I’m a Virgo’ Drops First Look Photos, Teaser TrailerFirst looks at “I’m a Virgo,” an upcoming series from Amazon’s Prime Video, were unveiled today along with a teaser trailer in anticipation of the show’s world premier… “Boots Riley Amazon Series”? Woof Walter Goggins?
Source: Variety - 🏆 108. / 63 Read more »

Breakingviews - Amazon expansion collides with contractionAmazon.com’s rapid expansion is hitting a wall. The e-commerce giant is pausing building out its second headquarters in Arlington, Virginia more than five years after cities from Newark, New Jersey to Dallas, Texas courted the $1 trillion technology company with dog and pony shows and chunky incentives. The fate of HQ2 depends on both the labor market and work-from-home mandates. When it comes to those trends, even Amazon can’t be too sure. Breakingviews jennifersaba Businesses cannot plan or do as they used to, responsible thought is now required and appreciate workers‼️ Breakingviews jennifersaba Amazon is a modern day cartel Breakingviews jennifersaba The new warehouse they build nearby has been finished and standing empty almost two years now...
Source: Reuters - 🏆 2. / 97 Read more »

Amazon’s bestselling soundbar is now under $40Sound off! Is this a news account or Amazon promo account? All I see is a Amazon promos. Sick of Amazon. Delete.
Source: nypost - 🏆 91. / 67 Read more »