Courtney, Keast leaving company
Two top TiVo execs who headed up divisions that new CEO Tom Rogers had identified as key to the company’s growth ankled Friday.
David H. Courtney, chief financial officer and exec VP in charge of interactive advertising and relationships with cable operators and satcasters, and Brodie Keast, exec veep of the consumer division, are leaving.
Courtney will stay on in what the company called a “transition role” until April, providing stability until a replacement or replacements are found.
Keast departs immediately to take a job at storage technology company Seagate.
In a conference call with analysts in August, Rogers said that TiVo was investing in consumer sales in the short term, but was counting on cable and distribution deals to help it grow to a point where, ultimately, interactive advertising for DVR users could drive its long-term success.
Departure of execs overseeing those businesses, whether occurring coincidentally of their own volition or due to pressure from the new topper, means Rogers can replace them with people of his choice.
Courtney and Keast have been with the company since 1999, soon after it was founded.
Mark Roberts, senior vice prexy of the consumer products group, will assume all responsibility for direct sales of TiVo boxes, essentially taking over from former boss Keast.
Former chief marketing officer Matt Wisk left in July, less than two weeks after Rogers assumed the CEO post.