SAN FRANCISCO (TIP): Pandora – a powerful music discovery platform – has announced that Indian-American executive and current chief financial officer (CFO) Naveen Chopra has been made the interim chief executive officer (CEO) of the company since co-founder and CEO Tim Westergren is stepping down from the company board.

“Over the past several weeks, the board has taken a number of steps to refocus and reinforce Pandora,” Pandora board member Roger Faxon said in a press release. “As listeners continue to move from traditional terrestrial radio to more dynamic and flexible offerings, it is the board’s belief that this transition continues to present a massive opportunity, and that Pandora is in an ideal position to capture an increasing share of the audience.”

Naveen Chopra joined the company as chief financial officer on February 28, 2017. Prior to joining Pandora, Chopra served as interim CEO of TiVo Inc. Chopra has extensive experience advising companies on financial planning, investor relations, corporate development and strategic growth. He joined TiVo in 2003 and most recently served as the company’s interim chief executive officer from January 2016 until its acquisition by Rovi Corporation in September 2016. During his tenure at TiVo, Chopra guided the company through a critical financial and strategic transformation while building respected relationships with employees, investors, analysts and strategic business partners. From 2012 to 2016, Chopra served as chief financial officer and senior vice president of corporate development and strategy and was responsible for overseeing numerous strategic initiatives in addition to TiVo’s accounting, financial reporting, planning, tax and treasury functions.

A graduate of Stanford in computer science and economics, he also earned an MBA from the Stanford Graduate School of Business.