From Yahoo Finance: 2025-06-10 10:29:00

Naveen Chopra, departing CFO of Paramount, set to receive $6 million in cash bonuses upon taking CFO role at Roblox. Chopra will also earn $735,000 annual base salary and $28 million in restricted stock units, with additional relocation expenses covered by Roblox. Andrew Warren appointed interim CFO at Paramount.

Chopra, with experience at Amazon and Pandora, to succeed Michael Guthrie as CFO at Roblox. Roblox reports 97.8 million daily active users in Q1 2025, with $1 billion in revenue and $1.2 billion in bookings. However, company faces questions about profitability and platform safety, especially regarding children’s use.

Paramount undergoes CFO transition as company navigates challenges and cost-cutting measures. Company reportedly planning to lay off about 3.5% of its workforce. Paramount also seeks approval for $8 billion merger with Skydance amid legal battles, including President Trump’s $20 billion lawsuit against 60 Minutes.

Roblox and Paramount decline to comment further on CFO appointment and transition. Safety concerns and profitability issues continue to impact Roblox, while Paramount grapples with workforce reductions and legal battles. Both companies face unique challenges and transitions in their respective industries.



Read more at Yahoo Finance: Roblox hands $6M in bonuses to CFO poached from Paramount