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Xstream names new chief executive

Michael Rasmussen

Michael Rasmussen

Over-the-top video and TV services company Xstream has upped chief financial officer Michael Rasmussen to CEO.

Rasmussen takes over from Simon Høgsbro who left the Copenhagen-based company earlier this year to take up a director of platform and innovation role at Microsoft.

Rasmussen first joined Xstream in 2015, prior to which he spent 16 years in a variety of general management and CFO roles at Ericsson in both the US and Europe.

“Xstream is already a major player in the VOD market and our forward roadmap is now to broaden our presence and work with many of the new entrants offering over-the-top (OTT) TV and video services to consumers,” said Rasmussen.