SAZKA Group appoints new CFO

SAZKA Group appoints new CFO

The European giant SAZKA Group has announced the appointment of a new Chief Financial Officer (CFO), with effect on February 1.

Czech Republic.- SAZKA Group has announced that Kenneth Morton has been appointed Chief Financial Officer (CFO), effective on February 1. The current CFO Peter Stohr will remain with the company until the end of March to ensure a smooth transition.

Morton has been part of the company for around a year, as he joined KKCG as Head of Corporate Finance in April 2019. The majority of his time has been related to projects with SAZKA Group, including the Voluntary Tender Offer for shares in OPAP and the related financing.

Robert Chvatal, CEO of SAZKA Group said: “I would like to warmly thank Peter for his commitment and extremely valuable contribution to the development of SAZKA Group over the past 5 years, helping us to grow the company to scale, ensuring its financial stability and most recently entering in international capital markets. After EMMA Capital exited the group in 2019, Peter is now re-joining EMMA Capital as one of its partners and we wish him well in his future endeavours.

“I am delighted to welcome Kenneth to the SAZKA Group team. We have worked together extensively on some of SAZKA Group’s most important initiatives since he joined KKCG, and his banking and international experience will be valuable assets as we execute our business and financial strategies.”

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