Roku CEO Anthony Wood’s total pay package increased to $27.7 million in 2024, up from $20.2 million the year before.
His pay package included a base salary of $1.1 million and option awards of $26.6 million. He received $18,848 in medical and life insurance premiums.
Wood’s base salary dropped slightly from his 2023 total of $1.2 million, the company’s compensation committee determined that only 4 percent of the CEOs total compensation should be paid in salary, with the rest more heavily weighted towards equity awards “to further strengthen the alignment of the interests of our CEO with the interests of our stockholders.”
Roku CFO Dan Jedda saw his total pay package fall to $3.3 million in 2024 after hitting $18 million the prior year. The decrease came as Jedda received $16.6 million in stock awards in 2023, after he had joined the company in May 2023. The stock awards were new hire equity awards that represent four years of award vesting.
Jedda’s base salary increased to $2.3 million in 2024, up from $1.4 million in 2023.
In 2024, Roku saw full year net revenue of $4.1 billion, up 18 percent year-over-year. The number of streaming households reached by Roku hit 89.8 million, a net increase of 9.8 million from 2023.
The fourth quarter of 2024 was particularly robust, with its first quarter of more than $1 billion in platform revenue. In that quarter, streaming hours on The Roku Channel were up 82 percent year-over-year and Roku reported gross profit of $512.6 million, above its guidance of $465 million, and a net loss of $35.5 million.
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