Roku CEO Anthony Wood collected a total pay package of $20.2 million in 2023, according to the company’s latest proxy filing.
Charlie Collier, the veteran former TV exec who now leads Roku Media, got $6.8 million. The tally was far below the $53.3 million he took home in 2022, with the bulk of that payday coming in the form of stock options and a stock award vesting over four years. Collier left his previous role as CEO of Fox Entertainment to join Roku in September 2022. Among his duties at the streaming provider is overseeing the company’s roster of original programming, with breakout titles including the recent series Spiderwick Chronicles.
Wood made a base salary of $1.2 million, with the rest primarily consisting of stock and options awards.
CFO Dan Jedda, who joined the company last May, received a total of about $18 million. Steve Loudon, his predecessor, got $7.8 million for a partial year of service, including a cash severance payment of nearly $6.1 million.
Along with executive compensation, the proxy statement said the company’s annual shareholder meeting will be held June 6.
Roku shares fell 10% Friday to finish the week at $56.35. They have dropped 37% in 2024 to date and are well below their all-time high north of $450, which was achieved in mid-2021.
The company reported earnings Thursday after the close of trading, reporting 81.6 million streaming households and better-than-expected results in several key metrics. Executives said the company is benefiting from the ongoing price hikes rippling out across the subscription streaming industry.
