July 1, 2020
ViacomCBS July 1 announced that Naveen Chopra has been named the new CFO, effective Aug. 10, succeeding Christina Spade, who will transition into an advisory role after the media company’s second quarter earnings call.
Chopra joins ViacomCBS from Amazon, where he served as CFO of Amazon’s devices and services business (i.e. Alexa, Echo, Fire TV, Ring, Kindle and the Amazon Appstore). In his new role, Chopra will be responsible for ViacomCBS’s financial operations, including treasury, tax, accounting, investor relations, information security and real estate, as well as global corporate development and strategy. Chopra will report to Bob Bakish, President and CEO of ViacomCBS.
Bakish said Chopra’s experience “scaling and driving” financial strategies for ViacomCBS’s growth businesses, including ad-supported and subscription streaming video, as well as with digital devices and services — would be instrumental going forward. Chopra held senior executive positions at Pandora and TiVo.
“Naveen is a talented leader who combines financial, strategic and operational expertise with hands-on experience growing innovative, consumer-focused businesses across the media and tech sector, Bakish said in a statement.
Current CFO Spade departs after 20 years at Showtime Networks and CBS, and played a pivotal role in the integration of CBS and Viacom. In recent months she helped to lead ViacomCBS through the coronavirus pandemic, strengthening the company’s balance sheet to ensure it is well positioned to continue navigating the current economic environment.
Previously, she served for six years as CFO and strategy for Showtime Networks, where she stewarded the implementation of key financial operational and reporting systems and helped scale Showtime’s streaming platform at its launch in July 2015.
“I want to extend my deepest thanks to her for her leadership and counsel, and for helping to ensure a smooth transition,” Bakish said.