SEAC - SeaChange Appoints Chris Klimmer CEO | Benzinga
Klimmer is set to lead SeaChange's evolution into video tech powerhouse
First initiatives include the extension of SeaChange's product portfolio with AI and Web 3.0 use cases
BOSTON, Sept. 27, 2023 (GLOBE NEWSWIRE) -- SeaChange International, Inc. ("SeaChange" or the "Company"), a leading provider of video delivery, advertising, streaming platforms, and emerging Free Ad-Supported Streaming TV services (FAST) development, today announced the promotion of Chris Klimmer to President, CEO and a member of the Board of Directors, effective immediately.
As SeaChange's CRO and later President, Klimmer has been instrumental in the turnaround of the Company's operational and financial performance, posting double digit year-over-year revenue growth and positive non-GAAP EBITDA for the first time in nearly a decade. He has spearheaded crucial initiatives to strengthen and renew existing customer engagements, to expand the Company's product and services portfolio with cloud-based streaming and ad insertion tech SaaS offerings, and to close new Tier 1 logos across the globe.
Klimmer said: "On behalf of the Board and myself I'd like to thank Peter Aquino for his invaluable contributions to SeaChange and shepherding it to the well positioned company it is today. I could not be more grateful and proud to now be entrusted with leading SeaChange into the ...