Joost appoints new CEO

Mike Volpi has been appointed chief executive officer of Joost, the internet television service from the makers of Skype.

Volpi succeeds the company’s founding chief executive, Fredrik de Wahl, who remains at Joost as chief strategy officer. Volpi will assume full operational responsibility for the company effective immediately.

De Wahl said: "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."

Volpi, a former board member of Skype, joins Joost from Cisco Systems, where he spent 13 years in a variety of strategic management roles.

"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," Volpi added.