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Glaser Steps Down as CEO

RealNetworks names Kimball president and acting CEO

Streaming media and Internet innovator Rob Glaser is stepping back from his role at RealNetworks, which he founded under the name Progressive Networks in 1994.

Glaser has resigned as CEO though he’ll stay as chairman. Robert Kimball was named president and acting chief executive officer and was appointed to the board. Kimball was general counsel and EVP of corporate development.

According to a statement released by the company, Glaser said: “After nearly 16 years, I’ve decided it’s time for me to step away from day-to-day operations. … I remain committed to the company and look forward to continuing to serve in my capacity as board chairman.”

RealNetworks products and services include RealPlayer, “the first mainstream media player to enable one-click downloading and recording of Internet video”; the Rhapsody digital music service; RealArcade, a games destination; and mobile entertainment services such as ringback tones.

The company credits Glaser with building a multinational company that provides digital entertainment products and services to hundreds of millions of consumers.