Kambi Group’s CEO Kristian Nylén has informed the board of his intention to resign from his position this year, after a successor is appointed.
In a press release, Nylén noted that “the decision to stand down from my position at Kambi after so many enjoyable years has been difficult, but one predominantly driven by my desire to spend more time with my young and growing family”.
Nylén will remain with the company, accepting an invitation to be elected to the company’s Board, subject to approval at the next annual general meeting.
Nylén is a co-founder of Kambi, alongside Anders Ström, the chair of the board. Ström assumed the role of Chair in November after Lars Stugemo announced his departure from the role after nearly a decade in the position and 14 years with the company.
Amongst the reshuffle, Kambi has indicated that it intends to re-elect Anders Ström as Chair of the board, while Nylén and Benjie Cherniak – a former Managing Director at Scientific Games – are the new proposed additions to the board.
Speaking of his likely new role on the board, Nylén noted that he’s looking forward to “focusing more intensively on the strategic aspects of our business, however, my immediate attention remains on driving Kambi forward in my current role.”
No potential successor for the CEO role has yet been indicated by the company.
Kambi specializes in providing sports betting services for licensed B2C gaming operators, with offices spread across Malta, Australia, the Philippines, Denmark, Romania, Sweden, the UK and the United States.
