US online media distribution and services provider RealNetworks has appointed industry veteran Atul Bali as president of the company’s games division.
Bali will oversee RealNetworks' games portfolio which includes the Slingo brand, and the GameHouse and Zylom game distribution networks. He will relocate to RealNetworks' headquarters in Seattle and begin his new role later this month.
He brings with him more than twenty years of experience in the gaming industry, having most recently served as president and CEO of Aristocrat Technologies, the Americas subsidiary of Australian gaming supplier Aristocrat Leisure.
“We are delighted to have Atul join Real and lead our games business into the future,” said Rob Glaser, chairman and interim CEO of RealNetworks. “Atul is a widely respected leader in the land-based and digital gaming spaces with deep expertise, strong relationships, proven leadership skills, and a passion for games. He is precisely the right person to lead the reinvention of our games business.”
Prior to Aristocrat, Bali was CEO of XEN Group (now Disruptive Tech) and spent thirteen years in various executive leadership positions at GTECH, including president and CEO of the company’s iGaming arm GTECH G2.
“It's truly an honour to join RealNetworks. Under Rob's guidance, Real has a long history of innovation and leadership in the gaming industry,” said Bali. “This year, Real will debut its next generation Slingo game, the first since Real acquired Slingo one year ago. So it's an exciting time to join this dynamic team.”
In related news, RealNetworks also announced that Scott Uomoto, senior vice president of the RealPlayer Group, will be leaving the company at the end of June to relocate to California.
Shares in RealNetworks Inc (NASDAQ:RNWK) are currently trading at $7.45 per share in New York this morning.