Naveen Chopra - Chief Financial Officer | Roblox (RBLX) Executive Profile & Compensation

About Naveen Chopra

Naveen Chopra is Chief Financial Officer of Roblox Corporation, appointed effective June 30, 2025. He is 51, holds a B.S. in Computer Science and a B.A. in Economics from Stanford University, and an M.B.A. from Stanford Graduate School of Business . At Roblox, he oversees accounting, tax, treasury, internal audit, business operations, IR, and FP&A . Company performance context: in 2024 Roblox reported GAAP revenue of $3.6B, bookings of $4.4B, operating cash flow of $822.3M, and 82.9M average DAUs .

Past Roles

Organization	Role	Years	Strategic Impact
Paramount Global	EVP & CFO	Aug 2020 – Jun 2025	Drove transition from legacy media to streaming; DTC subscription/AVOD businesses reached >25% of revenue .
Amazon (Devices & Services)	CFO; VP Finance	Aug 2019 – Jun 2020	Aligned technical innovation with monetization across Alexa, Fire TV, Ring, Kindle, Project Kuiper .
Pandora Media	CFO	Feb 2017 – Feb 2019	Senior finance leadership at consumer streaming platform .
TiVo Corporation	CFO; Interim CEO	Aug 2003 – Dec 2016	Led finance and interim CEO roles during product and corporate evolution .

External Roles

Organization	Role	Years
Macy’s Inc.	Director	Mar 2023 – present .
Paramount Global subsidiaries	Director	Sep 2021 – Dec 2022 .
Vonage Holdings Corp.	Director	Jul 2014 – Jun 2020 .

Fixed Compensation

Component	Amount/Terms
Base Salary	$735,000 per year .
Cash Sign-On Bonus 1	$3,000,000; vests and pays quarterly over 3 years starting on first quarterly vesting date on/after the 3-month anniversary of start date; if terminated without Cause/for Good Reason/death/disability within first year, earns amounts through 18 months (subject to release) .
Cash Sign-On Bonus 2	$3,000,000; 1/36th earned per month of service; if terminated without Cause/for Good Reason/death/disability, earns amounts through 18 months (subject to release) .
Temporary Housing	Up to $15,000 per month through Aug 31, 2026 prior to full relocation .
Relocation Assistance	Up to $900,000 per executive domestic policy; reimbursable and deemed earned over 12 months (per offer letter) .

Performance Compensation

Metric	Weighting	Target	Actual	Payout	Vesting
Bookings (Cumulative, PSU program)	80%	2023 PSUs: $7,518M	2023 PSUs: $7,890M	Contributes to 174.72% total PSU payout	50% at certification (Feb 10, 2025), balance on Apr 13, 2026 for 2023 PSUs .
Covenant Adjusted EBITDA (Cumulative, PSU program)	20%	2023 PSUs: $596M	2023 PSUs: $1,239M	Contributes to 174.72% total PSU payout	Same schedule as above .
2024–2025 PSU Program Design	—	Targets not disclosed	—	Max payout capped at 200%	67% at certification after FY2025; remaining 33% quarterly over the following year .

Chopra is eligible for equity refresh awards including PSUs under Roblox’s program using Bookings and covenant adjusted EBITDA; his initial grant was RSU-only (time-based) .

Equity Ownership & Alignment

Item	Detail
Initial RSU Award	$28,000,000 grant value; shares determined by 20-day average closing price as of the last trading day of May; vests quarterly over 3 years, subject to continued employment .
Early-Termination Equity Protection	If terminated without Cause or for Good Reason within first 18 months, RSUs that would have vested by the 18-month anniversary are accelerated (or CIC agreement acceleration, whichever is greater), subject to release .
Stock Ownership Guidelines	Executives must hold shares equal to 2× annual base salary; compliance deadline is the later of May 11, 2027 or 5-year anniversary in role .
Hedging/Pledging	Prohibited for employees/officers/directors; no margin accounts or derivative hedges permitted .

Employment Terms

Term	Detail
Start Date & Role	CFO and Principal Financial Officer; effective June 30, 2025 .
Relocation	Required to relocate to San Mateo HQ by Aug 31, 2026; temporary housing support until relocation; relocation assistance up to $900,000 .
Severance – Non-CIC	If Qualifying Non-CIC termination occurs prior to 18 months from start, lump-sum 18 months of salary (subject to release) .
Severance – CIC (Company framework)	Double-trigger: cash (base salary multiple plus prorated 100% target bonus), COBRA premiums for up to 12–18 months, and 100% acceleration of outstanding equity; PSUs generally not accelerated except per award terms .
Indemnification	Standard form indemnification agreement to be executed .
Clawback	Compensation recovery policy compliant with NYSE Rule 10D-1; clawback of incentive compensation on restatement .

Company Performance Context

Metric	FY 2023	FY 2024
GAAP Revenue ($B)	$2.8	$3.6
Bookings ($B)	$3.5	$4.4
Operating Cash Flow ($M)	$458.2	$822.3
Average DAUs (M)	68.4	82.9

Governance and Shareholder Feedback

Say-on-Pay approval: 98% favorable at 2024 annual meeting .
LDCC and compensation advisor (FW Cook) oversee peer benchmarking and program design .

Insider Transactions

Form 4 filed under “CHOPRA NAVEEN K.” on July 17, 2025 (reporting person address: c/o Roblox); details available via SEC archives .

Investment Implications

Strong retention and alignment: $28M RSU with quarterly vesting, relocation support, and early-termination equity protection indicate high near-term retention focus; executive ownership guidelines (2× salary) and anti-hedging/pledging policies reinforce long-term alignment .
Performance linkage: Future refresh PSUs tied to Bookings and covenant adjusted EBITDA (max 200% payout) align CFO incentives to growth and margin expansion; prior program payouts demonstrate rigorous targets and substantial upside when exceeded .
Potential vest-driven supply: Quarterly time-based RSU vesting creates predictable equity delivery cadence; early termination protection reduces risk of near-term forced selling from unvested forfeitures .

Sources: 2025 DEF 14A proxy, 2024 DEF 14A proxy, SEC Form 8-K disclosures, and CFO offer letter exhibits .