MUMBAI: Broadcast-quality Internet television service Joost has appointed Mike Volpi as its new CEO. Volpi succeeds the companyÃ¢â‚¬â„¢s founding CEO, Fredrik de Wahl, who remains at Joost as chief strategy officer.
Volpi will assume full operational responsibility for the company effective immediately.
Ã¢â‚¬Å“Mike brings unparalleled leadership and technology expertise that will enable us to accelerate the growth of the company. I am excited to work with Mike, both because he is an exceptional leader and strategist, and because we share a common ambition for Joost,Ã¢â‚¬Â said de Wahl.
Volpi joins Joost from Cisco Systems, Inc., where he spent 13 years in a variety of strategic management roles. Most recently, he managed a $11 billion business as senior vice president and general manager for CiscoÃ¢â‚¬â„¢s Routing and Service Provider Technology Group, which included Scientific Atlanta.
While at Cisco, Volpi also pioneered the companyÃ¢â‚¬â„¢s M&A process, and acquired more than 70 companies during his tenure.
Volpi stated, Ã¢â‚¬Å“Joost is one of the most exciting companies in the media industry. Fredrik and the Joost team have built a world-class ensemble of talent and created a company and a product with the potential to change the way video is enjoyed around the world. I am thrilled to have the opportunity to lead this team as the company embarks on its next critical stage of development.Ã¢â‚¬Â