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TiVo Shuffles Execs After CFO Resigns

DVR Company Names Chopra Chief Financial Officer, Elevates Two Other Execs 12/20/2012 6:37 AM Eastern

TiVo reconfigured its senior management team after the resignation of chief financial officer Anna Brunelle, naming Naveen Chopra to replace her as CFO and promoting two other executives.

Brunelle resigned “to pursue other opportunities,” according to TiVo. She will leave the company after a transition period. Chopra previously was senior vice president of corporate development and strategy.

Also Thursday, TiVo announced it has promoted Dan Phillips, previously senior VP of engineering and operations, to the position of chief operating officer; and Jeff Klugman, formerly senior VP of products and revenue, to executive VP of products and revenue.

"Naveen, Dan, and Jeff have been critical elements of our recent success, driving innovative products, significant increases in subscriptions and improving financial results," TiVo president and CEO Tom Rogers said in announcing the changes. "We would also like to thank Anna for her significant contribution to the business over the past seven years and wish her continued success in the future."

As CFO Chopra will continue to oversee TiVo’s long-term business strategy and financial modeling in addition to overseeing the company's accounting and financial reporting, planning, tax and treasury functions. He joined TiVo in 2003 and previously worked for Moxi, Microsoft’s Web TV and several startups.

Phillips will continue to oversee engineering and operations company-wide, including engineering activity for retail, service provider, advertising and audience research businesses as well as operations related to manufacturing, call center, service and broadcast center operations, information technology and facilities.

Klugman remains responsible for overseeing TiVo’s domestic and international service provider deployments, audience research and product strategy across its retail and operator businesses.

In March 2012, Jim Barton, one of the two founders of TiVo and its chief technology officer, resigned from the company. He had been responsible for TiVo's technical strategy, including product, service and partnership road maps. Barton has a consulting agreement with TiVo that runs through March 2015 under which he is paid $25,000 per month.

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