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Roku CFO Louden to step down, plans to return to Seattle area

Roku Inc. said late Monday its Chief Executive Steve Louden plans to step down at an unspecified date. Louden will help the streaming-device maker to hire his successor, Roku said. He joined Roku as CFO in 2015. He plans to relocate to the Seattle area with his family "after assisting with a smooth transition," Roku said. Shares of Roku fell 3.8% in the extended session after ending the regular trading day up 4.4%. Read More...

Roku Inc. said late Monday its Chief Executive Steve Louden plans to step down at an unspecified date. Louden will help the streaming-device maker to hire his successor, Roku said. He joined Roku as CFO in 2015. He plans to relocate to the Seattle area with his family “after assisting with a smooth transition,” Roku said. Shares of Roku fell 3.8% in the extended session after ending the regular trading day up 4.4%.

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