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Jay Samit named as SeaChange’s new CEO

Jay Samit named as SeaChange’s new CEO

SeaChange International Inc., a multi-screen video software company, announced that the Board of Directors has unanimously appointed Jay Samit as Chief Executive Officer effective immediately. Samit will also become a member of the Board. He succeeds SeaChange’s current CEO Raghu Rau.

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. Samit held senior executive roles with Sony and EMI, where he spearheaded these companies’ digital media efforts. At Universal Studios, Samit built the first million-member social network for college students. 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.

Now Samit will lead SeaChange, a company that, according to Thomas Olson, Chairman of the Board of Directors, builds on market leadership in multi-screen video and on shareholder value. “With more than thirty years of experience in digital video, Jay has understanding of the expanding landscape of video and has successfully deployed new technologies with leading media and telecommunication companies around the globe. 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,” Olson said.

Jay Samit comments: “With video usage expanding across cable, internet, telcos and mobile globally, I believe the opportunities for SeaChange to continue to power the growth of multi-screen video and advertising are substantial.”

Samit follows Rau, who provided effective leadership at a critical time in the company’s history. Chairman Thomas Olson: “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. The development of our market-leading Adrenalin multi-screen platform and the successful introduction of our game-changing Nucleus video gateway software product took place under Raghu’s direction.  Raghu was the right person to lead SeaChange at a pivotal time and he deserves our thanks for his many accomplishments.” (10/14)

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