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RealNetworks (RNWK) Promotes Tim Wan to CFO

April 2, 2012 4:01 PM EDT
RealNetworks Inc. (Nasdaq: RNWK) today announced the appointment of Tim M. Wan as Chief Financial Officer and Treasurer, effective April 18, 2012. Wan, a 12-year veteran of RealNetworks, most recently served as the company's vice president of finance. He replaces Michael Eggers, who announced his resignation earlier this year.

As vice president of finance, Wan, 41, was responsible for budgeting, financial planning and analysis, SEC reporting and accounting. In addition, Tim has been involved in numerous transactions from the acquisition of WiderThan to the formation and separation of Rhapsody. Before joining the finance organization, he served as general manager of business planning for Real Networks' consumer division, helping launch RealNetworks SuperPass as well as its music and games businesses.


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