ViacomCBS Inc. (VIAC) announced Wednesday that it has appointed Naveen Chopra to take on the position of chief financial officer beginning Aug. 10. He will succeed Christina Spade, who is moving to an advisory role within the company. Chopra comes from Amazon.com Inc. (AMZN), where he's worked as the CFO for the company's devices and services business. He previously worked as the CFO of Pandora for two years and briefly was the streaming music company's interim chief executive officer. Before that, he spent four years at TiVo, where he also served as CFO with another stint as interim CEO. ViacomCBS Chief Executive Bob Bakish said in a release that Chopra's "experience scaling and driving the financial strategies for growth businesses - including free ad-supported and subscription streaming, as well as with digital devices and services - will be instrumental as we continue to unlock the value of our assets." Viacom and CBS completed their merger late last year. Viacom shares have rallied 82% over the past three months as the S&P 500 has risen 25%.
-Emily Bary; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
July 01, 2020 08:51 ET (12:51 GMT)
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