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Jay Samit is the new chief executive of SeaChange International [Kuwait News Agency](Kuwait News Agency Via Acquire Media NewsEdge) SeaChange International Inc., an Acton company that makes video software, said Tuesday that its board of directors has unanimously appointed Jay Samit as chief executive, effective immediately. Samit, 53, succeeds Raghu Rau, 65, who will stay on for a year in an advisory capacity, the company said. Samit was most recently president at ooVoo, a social video chat service with more than 100 million users. He was previously chief executive of SocialVibe, a digital advertising technology company, SeaChange said in a press release. "After a thorough and deliberate succession process, the board of Directors is delighted that Jay will lead SeaChange as we build on our market leadership in multi-screen video and create shareholder value," company chairman Thomas Olson said in a 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. 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." In a separate statement, Rau added, "I look forward to ensuring a smooth transition for the benefit of our customers, employees, and shareholders." All KUNA right are reserved (c) 2014 Provided by SyndiGate Media Inc. (Syndigate.info). |