Betssons directors declared that Pontus Lindwall, Chief Executive since 2017, has effectively met all objectives outlined in the company’s “recovery” strategy. This initiative resulted in unprecedented achievements in the second quarter of 2021.
Nevertheless, the directors feel that fresh leadership is required to address the difficulties of the shifting global environment. They will commence a succession strategy to identify the next CEO.
Patrick Svensk, Board Chair, stressed Betssons current resilience, emphasizing its robust activities, skilled personnel, and solid financial standing. He believes now is the opportune moment for a leadership change.
The incoming executive will need to leverage the emerging prospects in newly legalized sectors. Lindwall, with his vast expertise of almost 25 years in the internet gaming and wagering sector, has successfully guided the company through a critical phase.
Svensk concluded by expressing appreciation for Lindwall’s substantial contributions to Betssons triumphs. Assuming the CEO role in 2017, he was charged with steadying the company and establishing a firm base for future expansion – a mission he has undeniably fulfilled.
The company expressed profound appreciation for the many years of committed work and guidance provided by Pontus Lindwall. His efforts have positioned the organization exceptionally well for future success.
While a replacement is sought, Pontus will continue in his role as CEO. Upon stepping down, he will receive a full year of remuneration.
