SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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|Item 5.02.|| |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Chief Executive Officer Transition and Principal Executive Officer Appointment
On January 8, 2021, Yossi Aloni resigned as the Chief Executive Officer, President and as a member of the Board of Directors (the “Board”) of SeaChange International, Inc. (the “Company” or “SeaChange”), effective immediately (the “Resignation”). Mr. Aloni’s departure is not a result of any disagreement with the Company relating to the Company’s operations, policies or practices.
Following the Resignation, on January 12, 2021, the Board appointed Robert Pons as Executive Chair, effective January 8, 2021. In connection with that appointment, Mr. Pons will continue his duties as Chairman of the Board and assume the duties of the Company’s Principal Executive Officer. Mr. Pons did not enter into any plan, contract or arrangement in connection with his appointment as Executive Chair and Principal Executive Officer and will not receive any additional compensation for his service as such at this time. The information with respect to Mr. Pons’ background as required by Items 401(b), (d), (e) and Item 404(a) of Regulation S-K is set forth in the Company’s Definitive Proxy Statement for its Annual Meeting of Stockholders filed with the Securities and Exchange Commission on May 27, 2020 and is hereby incorporated by reference herein.
|Item 8.01.|| |
On January 13, 2021, the Company issued a press release, announcing the changes described above. A copy of such press release is attached as Exhibit 99.1 and incorporated herein by reference.
|Item 9.01|| |
Financial Statements and Exhibits.
|99.1||Press release issued by SeaChange International, Inc., dated January 13, 2021.|
|104||Cover Page Interactive Data File, formatting Inline Extensible Business Reporting Language (iXBRL).|
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|SEACHANGE INTERNATIONAL, INC.|
|Michael D. Prinn|
|Senior Vice President, Chief Financial Officer & Treasurer|
Dated: January 13, 2021