Betssons leadership team is poised for a transition, as the company’s directors believe it has accomplished the “revitalization” objectives established upon Pontus Lindwall’s return as CEO in 2017. This followed a phase where Betsson had slightly strayed from its core focus and required realignment.
Despite celebrating unprecedented revenue and earnings in the second quarter of 2021, the board contends that the shifting global landscape necessitates a new outlook. They are actively seeking a successor to leverage the prospects arising from a surge in recently regulated gaming sectors.
Chairman Patrick Svensk commended Lindwall’s 25 years at the helm, remarking, “Betsson has never been on firmer footing. We possess a robust enterprise, exceptional personnel, and a sound financial position.” He emphasized that Lindwall effectively steadied the company and constructed a foundation for sustained expansion.
The company expressed profound appreciation for the many years of committed work Pontus Lindwall contributed. His efforts have been essential in establishing a solid base for the organization’s future endeavors.
Lindwall will maintain his role as Chief Executive Officer during the search for a replacement and will receive twelve months of remuneration following his departure from the position.
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