More NewsRealNetworks Promotes Tim Wan to CFO

RealNetworks Promotes Tim Wan to CFO

RealNetworks, a digital media company, has promoted Tim Wan to chief financial officer (CFO) and treasurer, effective 18 April 2012. Wan, a 12-year veteran of RealNetworks, most recently served as vice president of finance. He replaces Michael Eggers, who announced his resignation earlier this year.

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

Prior to joining RealNetworks, Wan was with JP Morgan Chase as a management development associate and later as a relationship manager in the private banking group. He has a BA in Economics from University of California, Los Angeles, and a MBA from the University of Southern California.

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