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[December 28, 2012]
TiVo announces management changes
Dec 28, 2012 (Datamonitor via COMTEX) -- TiVo Inc., a provider of digital video recorders, has promoted Naveen Chopra to CFO, Dan Phillips to COO and Jeff Klugman to executive vice president, or EVP, 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," said Tom Rogers, CEO and president of TiVo. "Naveen has played an integral part in our strategy and business development efforts over the past several years and I believe Naveen's background and experience uniquely suits TiVo as we near Adjusted EBITDA profitability and focus increasingly on capital allocation.
"Dan's leadership of our Engineering and Operations organizations, which is now delivering products to multiple partners and at the same time driving more efficiencies in our processes. Through this new role, we expect Dan's contribution to be even broader. Jeff has been overseeing our broadening operator relationships. In addition to his current responsibilities, Jeff will now coordinate and aim to optimize revenue opportunities across our service provider, retail and research businesses to further accelerate our top line revenue growth." Mr Chopra will succeed Anna Brunelle, who has resigned and after a transition period will be leaving TiVo to pursue other opportunities. Mr Chopra is being promoted from senior vice president of Corporate Development and Strategy, where he has focused on TiVo's long-term business strategy and financial modeling, driving distribution, corporate development and capital allocation. As part of his new role, Mr Chopra will continue to have responsibilities for these areas in addition to overseeing the company's accounting and financial reporting, planning, tax and treasury functions. Mr Chopra joined TiVo in 2003, and previously worked for Moxi, Microsoft/Web TV and several start-ups.
Mr Phillips is being promoted from senior vice president of Engineering and Operations, where he oversees Engineering and Operations company-wide, which includes engineering activity for our retail, service providers, advertising and audience research businesses as well as operations related to manufacturing, call center, service and broadcast center operations, information technology, and facilities, and will continue to do so in his expanded role as COO. Before joining TiVo, Mr Phillips worked at TRADOS Software, Uniscape Inc., CrossWorlds Software, and SGI.
Mr Klugman is being promoted from senior vice president, Revenue and Product, where he is responsible for overseeing TiVo Product and Revenue initiatives, including domestic and international service provider deployments, audience research, and TiVo's product strategy across its retail and operator businesses, and will continue to do so in his new role. Prior to TiVo, Mr Klugman was CEO for a venture-backed internet portal focused on the outdoor adventure market and was at Quantum and HP.
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