New CEO for SeaChange

SeaChange International has appointed board member Raghu Rau as interim CEO, replacing the retired company founder, chairman and CEO Bill Styslinger.

Thomas Olson, the former CEO of Katz Media Group and National Cable Media, has been named chairman of the board.

“We would like to express our appreciation to Bill Styslinger for founding SeaChange and leading the Company to become a global leader in multi-screen video solutions and growing it into a software focused, profitable, debt-free company,” said Olson.  “I am also pleased to welcome Raghu Rau in his new role and believe his proven strategic and operational leadership experience in the technology industry and expertise in wireless technologies and network convergence ideally position him to lead the transition of SeaChange to the next level.”

SeaChange said the board would immediately begin a search for a permanent CEO.