Tivo President Steps Down

Filed in archive PVR on February 3, 2005

Let the doom and gloom stories about Tivo begin. Today Tivo announced that it's President Marty Yudkovitz was stepping down. He will remain with TiVo in a consulting capacity on certain continuing matters for a period of time.

"When I joined TiVo I planned to move my family to California, but as the demands of my role grew, the need to spend even more time on both coasts grew as well, requiring a heavy commute no matter where I lived," Yudkovitz said. "I've chosen instead to find the most logical time to resign as president and re-acquaint myself with my wife and kids."

Normally, I'd say forget about the doom and gloom stories, but since Mr. Yudkovitz is stepping down after being in position less than 2 years, there might be a little something to worry about. We'll continue to follow the saga of Tivo.