Esports Entertainment Group names Damian Mathews as CFO

Esports Entertainment Group hopes to expand its market share.
Esports Entertainment Group hopes to expand its market share.

Damian Mathews will replace Dan Marks as Esports Entertainment CFO from April 2.

Malta.- Birkirkara-based Esports Entertainment Group (EEG) has named Damian Mathews as chief financial officer (CFO) in what will be a “pivotal” year for the company. Matthews will replace Dan Marks in the role from April 2.

A member of Esports Entertainment’s board of directors and chairman of its audit committee, Matthews joined EEG after a career in investment that saw him work as director of the consultancy NZ Pacific Investments from 2012 to 2014 and as CFO at the Qatar and Abu Dhabi Investment Company from 2014 to 2020.

He has also worked in roles at the Commonwealth Bank of Australia Group, ABN Amro, Royal Bank of Scotland, Credit Suisse First Boston and KPMG. Matthews has a degree in economics and politics graduate from the University of Bristol.

Mathews said: “The company has grown rapidly and has immense ambition in the exciting industry of esports. 2022 will be a pivotal and exciting time as we aim to continue to grab market share and develop and enhance our products to drive strong unit economics. 

“I believe the company’s product offerings are at the early stages of their growth cycles and well-positioned to capitalise on a sizable market opportunity and evolving consumer behaviours. I look forward to helping Esports Entertainment Group in its efforts to further expand its market share in the coming year.”

EEG CEO Grant Johnson said: “Damian Mathews brings more than 25 years of global experience, working across banking, private equity and real estate.

“Damian has been a valuable part of the company’s board since 2020 and we’re confident Damian’s expertise and leadership will make him a critical partner as we execute on our strategic and financial plan for this year and beyond.”

Last year, Esports Entertainment completed its acquisition of Gameday Group’s B2C business, Bethard. It has also expanded in the US, with a licence in New Jersey.