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TiVo Names New CEO

TiVo Names New CEO

TiVo (TIVO:Nasdaq - commentary - research) named media executive Tom Rogers president and CEO, effective July 1, succeeding company co-founder Mike Ramsay who announced his plans to step down in January.

Rogers, who was previously chairman and CEO of Primedia (PRM:NYSE - commentary - research), served as vice chairman of TiVo's board.

Rogers first joined the TiVo board in 1999. He rejoined the board in 2003. The digital-video-recorder maker said Rogers has led several initiatives for the company, most notably the negotiation of a deal with Comcast (CMCSK:Nasdaq - commentary - research).

He also serves as chairman of Teleglobe (TLGB:Nasdaq - commentary - research) and as chairman of TRget Media, a media investment and advisory firm.

Additionally, Rogers has served as president of NBC Cable and executive vice president of NBC, where he directed the creation of CNBC and the formation of the MSNBC pact with Microsoft (MSFT:Nasdaq - commentary - research).

Shares of TiVo were up 18 cents, or 2.7%, to $6.98 in premarket trading.

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TiVo Names New CEO: "TiVo Names New CEO "

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