MANILA, Philippines – Mega, the two-week old file-sharing service of Kim Dotcom, has a new CEO.

Vikram Kumar, former CEO of InternetNZ, a non-profit organization in New Zealand that watches over .nz domain registrations and promotes open Internet processes in the country, will be taking over for interim CEO Tony Lentino.

According to Mega’s official announcement, Lentino will continue to serve as a director for the company.

A blog post on Kumar’s personal blog takes stock of his response to the offer from Kim Dotcom. His immediate response was it was a “great opportunity but risky.” After visiting Dotcom and finding a certain allure in “growing a significant Internet services company out of New Zealand,” Kumar took on the job.

Kumar’s blog adds, “Overall, it (Mega) has been generally positive and many of the start-up risks have been managed well. This should provide the company with much-needed cash flow to break even and then create a solid platform for growth.” – Rappler.com