SeaChange International Appoints Veteran Technology Executive Matthew Stecker to Board of Directors
February 11 2021 - 8:00AM
SeaChange International, Inc. (NASDAQ:
SEAC), a leading provider of video delivery platforms,
today announced that its Board of Directors has appointed veteran
technology executive Matthew Stecker to the Board of Directors,
effective February 10, 2021. Stecker replaces Andrew Sriubas, who
was appointed to the Board of Directors in 2016. Stecker has also
been appointed to the Company’s Audit, Compensation and Corporate
Governance and Nominating Committees, and will serve as Chairman of
the Compensation Committee. With Stecker’s appointment, SeaChange’s
Board composition remains at four total directors, three of whom
are independent.
Stecker comes to SeaChange with over 30 years of experience in
the software, services, and mobile industries. Since 2018, he has
served as Chairman and CEO of Evolving Systems (Nasdaq: EVOL), a
leader in real-time digital engagement solutions and services.
During his tenure at Evolving Systems, Stecker has led Evolving
Systems through key management transitions and driving shareholder
value by refocusing its growth strategy and divesting non-core
business units. In addition to his role at Evolving Systems,
Stecker also serves on the Board of Directors of Live Microsystems
and previously served on the Boards of SITO Mobile, MRV
Communications, and Health Warehouse. Stecker worked as a senior
policy advisor to the United States Department of Commerce, where
he helped launch the First Responder Network Authority (FirstNet).
Prior to that, he served as a vice president of Real Networks and
the CEO of Livewire Mobile, where he successfully turned Livewire
Mobile around for its later sale to OnMobile, a global leader in
mobile entertainment.
Stecker holds a B.A. in Political Science and Computer Science
from Duke University and a J.D. from the University of North
Carolina School of Law.
“On behalf of the entire organization, I would like to welcome
Matthew to SeaChange’s Board of Directors,” said Executive Chairman
Robert Pons. “Matthew possesses direct experience in managing and
transforming public, emerging growth technology businesses at
scale. More specifically, he brings a valuable perspective that we
look to benefit from as we enter the Company’s next phase of
growth.”
Stecker added: “I am looking forward to joining the SeaChange
team and working alongside Bob and the leadership team to elevate
SeaChange’s value proposition. I have followed SeaChange’s
progression, and I believe the Company is well positioned to expand
its market share and regain forward momentum. I’ve worked
extensively with Bob and Jeff Tuder over the years and look forward
to working closely with them to realize the tremendous potential of
SeaChange’s technology and expansive customer base.”
Pons added: “I would also like to thank Andrew for his valuable
contributions to the Board. We appreciate his ongoing commitment to
SeaChange and the many accomplishments he helped us realize. We
wish him all the best in his future pursuits.”
About SeaChange International, Inc.SeaChange
International (NASDAQ: SEAC) powers hundreds of cloud and
on-premises platforms with live TV and video on demand (VOD) for
more than 50 million subscribers worldwide. SeaChange's end-to-end
solution, the Framework, enables operators and content owners to
cost-effectively launch a direct-to-consumer video service. This
includes back-office, media asset management, ad management,
analytics, and a client application for set-top boxes (STB),
Smart-TVs and mobile devices. Framework is available as a product
or managed service, and can be deployed on-premises, in the cloud
or as a hybrid. For more information, please visit
www.seachange.com.
SeaChange Contact:Matt GloverGateway Investor
Relations949-574-3860SEAC@gatewayir.com
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