RealNetworks Inc. has promoted Tim M. Wan to chief financial officer and treasurer, effective April 18, 2012. He replaces Michael Eggers, who announced his resignation earlier this year.
Wan previously was vice president of finance. In that role he was responsible for budgeting, financial planning and analysis, SEC reporting and accounting. He was also involved in RealNetworks’ divesting of Rhapsody and its acquisition of WiderThan.
Before that, Wan served as general manager of business planning for Real Networks’ consumer division, where he helped launch RealNetworks SuperPass and its music and games businesses. He joined RealNetworks from JP Morgan Chase.
“After a thorough internal and external search, we are very pleased to promote Tim — a seasoned RealNetworks veteran — to the position of chief financial officer,” said Thomas Nielsen, chief executive officer and president of RealNetworks. “He knows RealNetworks’ business inside and out, has demonstrated superb leadership in driving our strategic planning and has developed a world-class finance organization. We are indeed fortunate to have him step into this role as we continue on our path toward creating RealNetworks 2.0.”
RealNetworks – press release
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