SeaChange names new CEO
PHOTO/COURTESY
Jay Samit, CEO of SeaChange International of Acton
Video software manufacturer SeaChange International of Acton has hired an industry veteran as its new CEO, the company announced Tuesday.
Jay Samit, who has served in executive-level roles with similar technology companies, is taking over for Raghu Rau, who had served as CEO since 2011.
Samit was most recently president at ooVoo, a social video chat service with more than 100 million users. He was previously CEO of SocialVibe, a digital advertising technology company powering engagement for some of the world's top brands. He has also held senior executive roles with Sony and EMI, where he spearheaded these companies' digital media efforts.
Samit is also a serial entrepreneur, helping to innovate some of the first video technology with Intel and Microsoft, as well as launch the first multi-party video communications platform on mobile, according to the SeaChange statement.
"With more than 30 years of experience in digital video, Jay has a thorough understanding of the expanding landscape of video and has successfully deployed new technologies with leading media and telecommunication companies around the globe,” said Thomas Olson, chairman of SeaChange’s board of directors, in a company statement. “Jay understands the needs of our current customers and his experience in digital video will enhance our ability to deliver for them in the future."
Rau, who will stay on as an advisor for a year, applauded the hiring of his successor. "I was privileged to have led SeaChange for almost three years and welcome Jay's appointment," Rau said in the company statement. "His entrepreneurial leadership, experience with media companies and expertise in software, video technologies and digital advertising ideally position him to take SeaChange to the next level. I look forward to ensuring a smooth transition for the benefit of our customers, employees and shareholders."
Olson, meanwhile, commended Rau’s leadership over the last three years. "Raghu led the transformation of SeaChange to a software company, divested non-core business units and reduced operating expenses, while investing in next generation products.
“Raghu was the right person to lead SeaChange at a pivotal time.”
WBJ Web Partners
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