---
schema_version: "secwatch.filing_event.v1"
accession: "0001428439-22-000038"
form_type: "8-K"
ticker: "ROKU"
cik: "0001428439"
company_name: "ROKU, INC"
filed_at: "2022-12-19T23:59:59+00:00"
generated_at: "2026-06-21T02:26:50.869494+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Roku appoints Matthew Banks as CAO; base salary $1.2M, equity awards $2.62M

## Summary
- Matthew Banks appointed VP, Corporate Controller and CAO effective Dec 13, 2022; will serve as principal accounting officer.
- CFO Steve Louden relinquishes principal accounting officer role but remains principal financial officer.
- Banks receives $1.2M base salary, $1.12M market adjustment equity (4-yr vest), and $1.5M retention equity (2-yr vest).
- Banks previously held senior roles at Meta, Yahoo!, and Ernst & Young; joined Roku in Feb 2021.

## SEC filing metadata
- accession: 0001428439-22-000038
- form_type: 8-K
- ticker: ROKU
- cik: 0001428439
- company_name: ROKU, INC
- filed_at: 2022-12-19T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1428439/000142843922000038/0001428439-22-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1428439/000142843922000038/wk-20221213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001428439-22-000038
- JSON: https://secwatch.observer/filing/0001428439-22-000038.json
- Plain text: https://secwatch.observer/filing/0001428439-22-000038.txt

## Key facts
- Executive change
  Matthew Banks was appointed as Vice President, Corporate Controller and Chief Accounting Officer at ROKU, INC.
  - Action: appointed
  - Role: Vice President, Corporate Controller and Chief Accounting Officer
  source text: On December 13, 2022, Roku, Inc. (the “Company”) appointed Matthew Banks as the Company’s Vice President, Corporate Controller and Chief Accounting Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1428439/000142843922000038/0001428439-22-000038-index.htm
- Executive change
  Steve Louden changed role as Chief Financial Officer at ROKU, INC.
  - Role: Chief Financial Officer
  source text: The Company’s Chief Financial Officer, Steve Louden, who previously served as both principal financial officer and principal accounting officer, will continue serving as the Company’s principal financial officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1428439/000142843922000038/0001428439-22-000038-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.