TiVo has named Raghu Rau,
a member of the company’s Board of Directors, as its interim President and CEO, effective immediately.The appointment follows Enrique Rodriguez’s personal decision to resign from his role as TiVo’s President, CEO and a member of its board to assume a position as CTO at Liberty Global in Europe, one of TiVo’s long-time global customers.
Mr. Rodriguez will remain at TiVo in an advisory role to ensure a smooth transition. Mr. Rau will continue to serve on the Board of Directors.
The board has commenced a comprehensive search process to identify and evaluate internal and external candidates to serve as a permanent CEO, with the assistance of an unnamed executive search firm.