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TiVo CEO steps down to become chief technology officer at Liberty Global

TiVo Corp. named board member Raghu Rau as its new interim president and CEO to replace Enrique Rodriguez, who is resigning from his role to assume a position as chief technology officer at Liberty Global PLC.

Rodriguez, who is also stepping down as a TiVo board member, will remain at the company in an advisory role to ensure a smooth transition. TiVo is tapping an executive search firm to assist the board in finding a new candidate to take over as its permanent CEO, the company said in a July 5 news release.

In a separate July 5 news release, Liberty Global said that Rodriguez will assume his new role as the company's chief technology officer starting in late July.