SeaChange Appoints Michael Bornak as CFO
SeaChange International, a global multi-screen video software company, has appointed Michael Bornak as chief financial officer (CFO). Bornak will also serve as treasurer, secretary and senior vice president (SVP) of finance and administration.
Bornak comes to SeaChange from Tollgrade Communications, where he served as CFO and treasurer since 2009 and was instrumental in returning the company to profitability in 2010 and 2011 from years of losses. Bornak has also served as CFO for several companies in a variety of industries, including Solar Power Industries, MHF Logistical Solutions, Portec Rail Products, and was a certified public accountant (CPA) at Ernst & Young.
Bornak has taken companies public, managed mergers and acquisitions (M&A) and delivered superior financial performance throughout his career. Bornak is the holder of an Executive MBA from the University of Pittsburgh and has maintained his CPA status.