| SEACHANGE INTERNATIONAL APPOINTS SOFTWARE VETERAN ED TERINO TO CHIEF EXECUTIVE OFFICER ACTON, Mass. (April 7, 2016) – Multiscreen innovatorSeaChange International, Inc. (NASDAQ: SEAC) today announced the appointment of software company management veteran Edward Terino to the position of Chief Executive Officer, effective April 6, 2016, immediately following the SeaChange board of directors’ termination of the employment of prior CEO Jay Samit. Mr. Terino had previously served as SeaChange’s Chief Operating Officer, beginning June 2015, with global responsibility for product development, engineering, services, sales and marketing. He will continue to serve on the Company’sboard of directors, which he joined in 2010. Mr. Terino’s extensive track record in C-level corporate strategy, execution and board participation spans ten public companies, including six business-to-business enterprise-level software providers in addition to SeaChange. “Since joining the team as COO, Ed’s performed a crucial role in driving SeaChange’s operations to far greater efficiency, quality and strategic orientation toward profitability and growth,” said Steve Craddock, Board Chairman, SeaChange. “This rigorous commitment to strengthening our fundamentals has translated into increasing customer success and assurance for SeaChange’s long-term position as provider of the premier delivery, management and monetization software solutions for television service providers and emerging video markets.” (more) |