– Rob Glaser announced on Wednesday that he has stepped down as CEO of
RealNetworks (NASD: RNWK), the media delivery technology company he founded in 1994. "After
nearly 16 years, I’ve decided it’s time for me to step away from day-to-day
operations," said Glaser. "I remain committed to the company and look
forward to continuing to serve in my capacity as board chairman."
Seattle-based RealNetworks said that its board appointed Rob Kimball as
president and acting CEO.
Kimball, who joined real in 1999, was most recently
the company’s general counsel and executive vice president of corporate development.
The company said it will soon begin a formal search process for a new CEO.