Roku Hires Dan Jedda, Former Amazon and Stitch Fix Exec, as CFO
Todd Spangler NY Digital Editor 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 founder/CEO Anthony Wood. Jedda will succeed current CFO Steve Louden, who announced last year he would leave Roku. 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. Jedda joins the company as Roku’s revenue growth slowed dramatically at the tail end of last year — and the company expects overall revenue to decline about 5% in the first quarter of 2023. Amid macroeconomic headwinds, Roku’s operating expenses have soared, and the streaming platform company has made layoffs and taken other cost-cutting steps.