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
(b)
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.
(c)
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. Other Events.
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.
(d) Exhibits
Exhibit
No. Description
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).
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