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CFO Bornak departs from SeaChange

Thu, 05/09/2013 - 12:38pm
Mike Robuck

SeaChange International announced that Michael Bornak has resigned from his role as chief financial officer to take a job at another publicly traded company.

Effective June 1, Anthony Dias, SeaChange’s chief accounting officer, will be promoted to senior vice president and will serve as interim chief financial officer while SeaChange searches for a permanent CFO.

Bornak started working at SeaChange in January of last year after the previous CFO, Kevin Bisson, left the company. 

Prior to joining SeaChange, Bornak served as chief financial officer and treasurer at Tollgrade. Bornak had also served as CFO for several companies in a variety of industries, including Solar Power Industries, MHF Logistical Solutions and Portec Rail Products, and he was a certified public accountant at Ernst & Young.

“I want to thank Mike for the many contributions he has made during his tenure with the company as we executed our transformation strategy,” said SeaChange CEO Raghu Rau. “Mike has tirelessly commuted to our Massachusetts headquarters from Pittsburgh for over a year and I am pleased that he will be able to spend more time with his family in the future.

“I am delighted to welcome the appointment of Tony, whose qualifications and extensive experience within SeaChange and in the software industry position him well to continue SeaChange’s forward momentum.”

Dias joined SeaChange in 2007 as vice president of finance and corporate controller. He became chief accounting officer last year. Previously, he served as corporate controller at LeMaitre Vascular, Inc. and also held various senior finance positions with Candela Corporation, Globalware, Inc. and Aldiscon, Inc. 

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