RealNetworks CEO Thomas Nielsen Resigns, Rob Glaser Named Interim CEO

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7/3/2012 4:09 PM ET

RealNetworks Inc. (RNWK: Quote) Tuesday said Chief Executive and President Thomas Nielsen has resigned. The company has appointed RealNetworks Chairman and Founder Rob Glaser as Interim CEO, effective immediately.

"I come back to RealNetworks with a sense of great urgency to set the company on a long-term path to success," said Glaser. Glaser indicated that he is not a candidate for the permanent CEO position.

"The board and Thomas mutually agreed that the CEO position wasn't the right fit," Glaser added. "We thank Thomas for the contributions he has made in moving RealNetworks forward and wish him well in his new endeavors."

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