Connect with us


Roku announces 2023 compensation for CEO Anthony Wood and media boss Charlie Collier




Roku announces 2023 compensation for CEO Anthony Wood and media boss Charlie Collier

Watch Latin American Music Awards

Anthony Wood, founder, chairman and CEO of Roku, had a 2023 pay package worth just over $20.2 million, while Roku’s media boss, Charlie Collier, received $6.8 million in salary.

Wood’s compensation last year included a salary of $1.2 million, stock awards worth $7.57 million and stock option awards worth $11.43 million. It was 3.7% less than his total package of $21 million in 2022.

Collier’s 2023 compensation included a salary of $6.825 million and $18,825 in company-paid health and life insurance premiums. For 2022, Collier’s pay package was worth $53.3 million — most of it in stock awards and stock options that vest over four years, provided the executive continues to work at Roku. In 2022, Collier left his position as CEO of Fox Entertainment to lead Roku Media, where he now oversees content and ad sales for the Roku Channel.

In 2023, Roku reported revenue of $3.48 billion (+11.5%) and a net loss of $709.6 million (versus a net loss of $498 million the year before). Last year, the company laid off about 500 employees and implemented other cost-cutting measures, including consolidating office space and removing at least three dozen underperforming titles from the Roku Channel.

Wood, 58, has been CEO since October 2002 and chairman since February 2008.

Among Roku’s other named executives, CFO Dan Jedda — who joined the company in May 2023 — received a pay package worth $18 million (including $1.37 million in salary and $16.6 million in stock awards). Mustafa Ozgen, president of devices, products and technology, earned $7.07 million (up from $6.6 million the year before); Gidon Katz, SVP of platform products and user experience, had a pay package worth $7.4 million (up from $13.35 million); and former CFO Steve Louden received $7.83 million (vs. $8.55 million in 2022).