Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 9, 2020, following notification by Cary L. Baker of his departure
from the company to pursue a new opportunity, RealNetworks, Inc. announced the
appointment of Michael J. Ensing as interim Chief Financial Officer effective
upon Mr. Baker's departure on February 15, 2020. Mr. Ensing will commence his
engagement with the company on January 10 as a strategic advisor.
Mr. Ensing most recently served as Chief Financial Officer from October 2014 to
November 2019 of TVI, Inc., doing business as Savers, Value Village and Unique
stores, a Washington-based company. Previously, Mr. Ensing served in Chief
Operating Officer and Chief Financial Officer roles at Knowledge Universe, from
2012 to 2014, and in various financial leadership positions at Microsoft
Corporation, from 2004 to 2012. Earlier in his career, Mr. Ensing served in
various roles at consulting companies, including McKinsey & Co. and Deloitte
Consulting. Mr. Ensing, age 52, holds an M.B.A. from the Kellogg School of
Management at Northwestern University and a Bachelor of Science degree from the
University of Michigan.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Pursuant to the rules and regulations of the SEC, the attached exhibits are
deemed to have been furnished to, but not filed with, the SEC.
Exhibit No. Description
99.1 Press release of RealNetworks, Inc. dated January 9, 2020
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