RealNetworks CEO steps down suddenly

RealNetworks CEO steps down suddenly

Summary: RealNetworks CEO Robert Kimball stepped down on Monday. A search is underway for a replacement.

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RealNetworks CEO Robert Kimball stepped down on Monday. A search is underway for a replacement.

The resignation of Kimball is a strange move. He restructured the company, had a coherent software as a service strategy and was plotting new products to get the company back into the game.

Now Kimball is out just when RealNetworks was outlining its strategy more. In a statement, RealNetworks said it appointed Mike Lunsford, an executive vice president, to be interim CEO. Kimball had been with Real since January 2010.

Kimball said he set RealNetworks up to grow again with "a clean bill of health and a strong foundation." Kimball wanted to "find new challenges and opportunities."

RealNetworks Chairman Rob Glaser said the search is underway for a permanent CEO.

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Topics: Cloud, CXO, Data Centers, Emerging Tech

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8 comments
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  • RE: RealNetworks CEO steps down suddenly

    Chili's?
    gioroc
  • Real Who ?

    I thought they had sunk years ago.
    Alan Smithie
    • RE: RealNetworks CEO steps down suddenly

      @Alan Smithie
      Nope. Still around and (one again -- after a decade hiatus) making great problems again: Rhapsody and RealPlayer are both great. Does the latter beat out other players? Not necessarily. But it has a fantastic ability to download video from the Web with just one click!
      x I'm tc
    • RE: RealNetworks CEO steps down suddenly

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      kristine01
  • Real ... Player?

    I remembered RealPlayer G2, but not anymore.
    Grayson Peddie
  • You'd think

    That a company who made the word 'buffering' famous would have a buffer themselves.
    voyager529
  • Oh great...

    I'd hoped they'd gone under. Their damn software was like a virus, spread over everyone's PCs and making my life awkward.
    ComputerX
  • RE: RealNetworks CEO steps down suddenly

    He must have been caught with his hand in the cookie jar and given a choice: leave now or we'll go public with what you did.
    thombone