Johan Lundberg confirmed as Betsson chair amid board reshuffle

Betsson has named Johan Lundberg as chairman and appointed three new executive directors.

Sweden.- The board of Betsson AB has confirmed the election of Johan Lundberg as company chairman and has nominated three new executive directors ahead of its AGM on May 10. Eva de Falck, Louise Nylén and Tristan Sjöberg have been nominated as independent directors.

De Falck is a corporate governance advisor and has served as general counsel at Swedbank. She is currently chair of the risk and audit committees at Skandiabanken. Nylén was formerly chief marketing officer at the payment provider Trustly and the online gambling operator LeoVegas. Mr Sjöberg is CEO at TCSJOHNHUXLEY.

The board reshuffle follows the resignation of Patrick Svensk from the role of chairman last year after being told he no longer had the confidence of the group’s biggest shareholders following the announcement that Betsson’s founder and chief executive Pontus Lindwall was leaving the company. Lindwall finally remained as CEO.

Betsson’s board will now comprise seven members, of which four, including Lundberg, are independent of management and major owners. Three members of the board are women, achieving a more equal gender balance.