Napster named former Bertelsmann executive Konrad Hilbers its new CEO yesterday succeeding Hank Barry. Barry, who joined Napster as interim chief executive in May 2000, will remain on its board of directors -- Barry has made it clear earlier that he is looking for a successor.
Hilbers left his job as vice president of BMG Entertainment in June and he was personally appointed by Barry. Naming a former Bertelsmann executive as a new CEO clearly signals Napster's strong relationship with its current partner/owner.
Written by: Petteri Pyyny @ 25 Jul 2001 5:55
Napster gets a new CEO from Bertelsmann
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