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Rob Glaser Back as CEO of RealNetworks

7-5-2012

Glaser posted the note on his Facebook page that said "Thomas Nielsen has resigned as President & CEO, effective immediately. Thomas and RealNetworks' board have mutually agreed that Thomas wasn't a fit. The board has asked me to step in as Interim CEO. Im humbled and honored to take on this responsibility.  RealNetworks is a great company that has done amazing things in the past and that will do even more amazing things in the future." Read More
 
We will have a company meeting next Monday (July 9th) in Seattle to discuss things in more detail. We also plan to send out a short video message for our employees located outside of Seattle.

In the interim, let me make 3 points.
 
1. We have a lot to do to bring RealNetworks into the future. I will come to work every day with a sense of urgency and a bias towards action. I want all of you to do the same. Our two highest priorities will be to lock in on a go-forward strategy for RealNetworks, and to get cashflow positive. You will hear more about this in the coming days and weeks.

2. Im not a candidate for permanent CEO. Because of personal and other professional responsibilities, I cant sign up to be permanent CEO. Having said that, while iCEO, I can promise you that I will give 100%.
 
3. We all recognize that RealNetworks has had too much change in the past 2 years. Along with my colleagues on the senior team and on the board, Im committed to setting the company on a stable, long-term path to success and to a smooth succession plan.
 
On behalf of the Board and the entire management team, I want to personally thank Thomas for his efforts.
I look forward to seeing our Seattle employees next Monday and hearing from our global employees.



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