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Wednesday, March 30, 2011

Eric Armstrong Out As CEO of Kontiki, Company Looking For A Replacement

Dan Rayburn | Wednesday March 30, 2011 | 12:53 PM | Comments (0)

Kontiki confirmed for me this morning that the rumors I have been hearing about a change at the top are true. Eric Armstong, who had been at Kontiki for eight years and was most recently their President and CEO has left the company. Kontiki's board of directors has been interviewing potential replacements for the past few weeks and hopes to announce a new CEO shortly. Kontiki said Eric's departure has no impact on the company's recent B round of funding in the ammount of $10.7M.

Updated 1:13pm: Eric is now the VP of Sales in North America for Harmonic.

Updated 4/1: I've also learned that Kontiki's VP of Worldwide Sales, Jacco van der Kooij, has left the company and taken a new job with Qumu.

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Daily posts by Dan Rayburn about the online video industry, business trends & analysis, market data & research as well as the online video business models in the media & entertainment, broadcast, advertising & enterprise industries.

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