SeaChange Names Board Chairman as CTO Departs

Taps Former Comcast Exec Steve Craddock to Lead Board
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Multiscreen video software and digital advertising specialist SeaChange revealed some high-level shuffling Friday, announcing it Steve Craddock has been named chairman of the board and the departure of SeaChange CTO Shiva Patibanda.

Craddock, who last served as SVP of technology and is late of Bell Atlantic, replaces former chairman Tom Olson, who will remain on the SeaChange board. Craddock’s tenure as board chairman became effective July 15. Craddock, who retired from Comcast in 2008, joined the SeaChange board in 2012.

Patibanda, formerly CTO and GM of in-home products, joined SeaChange when the company acquired middleware company VividLogic in 2010.  At SeaChange, Patibanda was responsible for the development of the company’s Nucleus video gateway software, which supports the Reference Design Kit, the preintegrated software stack for IP-only and hybrid QAM-IP devices that’s being managed by Comcast, Time Warner Cable and Liberty Global.

SeaChange said Patibanda’s responsibilities will transition to other members of the SeaChange management team, and that the company “does not intend to fill the CTO role in the near term..”

"I'm pleased to have Steve in the role of Chairman. With his history in television operations, he'll provide guidance that will help us to deliver new opportunities for our customers," said SeaChange CEO Jay Samit, in a statement. “SeaChange is extremely grateful for Tom's long-term board leadership and contributions to our strategy and successes. I look forward to our ongoing collaboration.

"We also appreciate Shiva's accomplishments. Now that Nucleus is deployed commercially and on a trajectory for new markets, it's the right time for Shiva to turn his focus to family and other interests. We have a strong management team dedicated to delivering on our exciting product roadmap and I'm confident in their ability to execute on our Nucleus design wins."