Betsson searches for new CEO

The betting and gaming operator has said that Pontus Lindwall achieved all objectives to strengthen the company’s position.

Sweden.- Betsson’s board has announced that it has begun a search to find a replacement for group chief executive Pontus Lindwall.

Betsson said Lindwall had achieved all objectives of the group’s “Back on Track” programme since he took the helm in 2017, strengthening the company’s position to create a solid platform for continued growth. The group reported that the second quarter of 2021 was its best to date in terms of sales and earnings.

Patrick Svensk, chairman of the board, said: “Betsson has never been in a better position than today. We have built up a strong business, with competent employees and good finances.

“The board’s assessment is that it is a good opportunity to make a change in the position of CEO. Pontus has played an invaluable role in Betsson’s successful development.”

See also: Betsson acquires stake in Canadian startup Slapshot Media