MUMBAI: Broadcast-quality Internet television service Joost has appointed Mike Volpi as its new CEO. Volpi succeeds the company’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.

“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,” 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 Cisco’s Routing and Service Provider Technology Group, which included Scientific Atlanta.

While at Cisco, Volpi also pioneered the company’s M&A process, and acquired more than 70 companies during his tenure.

Volpi stated, “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.”