Fast-growing Apptio hires former RealNetworks CEO Kimball to lead operations

Bob Kimball (RealNetworks photo)

Apptio, fresh off a $50 million funding round, has hired former Real Networks CEO Bob Kimball as its new executive vice president of operations and corporate development, GeekWire has learned. It’s a high-profile hire, and another hint that Apptio CEO Sunny Gupta is prepping the company for a possible IPO. The Bellevue-based company hasn’t yet publicly… Read More…

Exiting RealNetworks CEO gets $2M on the way out

rnwklog

Bob Kimball, the departing RealNetworks CEO, will receive a severance payment of $1.7 million from the company plus another $283,000 under a previous retention agreement, and remain as a consultant for 90 days at a monthly rate of more than $43,000. RealNetworks disclosed those financial terms in a Securities and Exchange Commission filing this morning,… Read More…

Surprise: RealNetworks CEO Kimball resigns

Bob Kimball

[Post updated with more details, quotes from Glaser] Bob Kimball has resigned as president and CEO of RealNetworks, a little more than a year after succeeding founder Rob Glaser to oversee an attempted turnaround of the longtime Seattle technology company. Glaser told GeekWire via phone this afternoon that he does not plan to return to… Read More…