RealNetworks names new CEO after founder leaves role

RealNetworks Inc., the maker of software for playing digital video and music, appointed Bob Kimball as chief executive officer, a post he has filled on an interim basis since founder Rob Glaser vacated it earlier this year.

Kimball, the company’s president, is also a member of the board, Seattle-based RealNetworks said today in a statement. Glaser, who stepped down in January, continues in his role as chairman.RealNetworks owns the RealPlayer digital media player and also is a platform for Internet-based games. The company used to control digital music service Rhapsody, which was spun off in February with Viacom Inc.’s MTV Networks. The company announced last month that it would cut 85 jobs, including 25 per cent of its executives.