SeaChange President Departs, Position Will Not be Replaced

Posted by Joe Zaller
Feb 02 2012

Just two days after announcing a $5m cost savings program, VOD and multi-screen video specialist SeaChange International said that company president Yvette Kanouff has departed the company.

SeaChange says it has decided not to replace Kanouff and has eliminated the position of President as part of its ongoing plan to reduce costs and streamline the business.

Kanouff joined the company in 1997 and has served in a variety of roles including chief strategy officer and president.

“Over the past few months, Yvette has been discussing her desire to pursue other interests and we support that and wish her well. We sincerely thank Yvette for her years of dedication to SeaChange, her technical knowledge, and her contributions toward building the Company’s video-on-demand business,” said Raghu Rau, Chief Executive Officer, SeaChange.

“I’m proud that I played a significant role in establishing SeaChange as a leader in video-on-demand worldwide and in transitioning from a hardware-centric to a software-centric company,” said Kanouff. “I think SeaChange is well positioned for the future, however, it is the right time for me to move on, and I look forward to my next endeavor.”

 

Related Content:

Press Release: SeaChange Announces Departure of Company President Yvette Kanouf

Press Release: SeaChange Announces More Than $5 Million in Annualized Cost Reductions

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