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.