Betsson in the search for a new CEO

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Cyber Ninja
September 5, 2017
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The Dragon
September 5, 2017
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Betsson in the search for a new CEO

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Betsson is one of the greatest and most respected Scandinavian bookmakers, with a huge base of players around the world. That success is partly due to the previous – after the latest breaking news – CEO of the Betsson AB Company, Mr Ulrik Bengtsson. The latter announced just a couple days ago that he will depart from the company, leaving vacant the CEO position. Moreover, he stepped down as the president of the company as well.

The next day

Betsson informed the stakeholders that Bengtsson had chosen to leave the leadership position with immediate effect. In addition, the Scandi corporation governance informed that CEO duties will be filled by Chairman of the Board Pontus Lindwall on an interim basis. This will be the next day until the new CEO will be found and appointed. On the other hand, the duties of Chairmanship will be assumed by senior board member Patrick Svensk until further notice. It is worth noting that Mr Ulrik Bengtsson, was appointed as Chief Executive of Betsson AB in March 2016. Previously he served in the executive position of CEO of Betsson Malta with a great success.

After all, Betsson is a firm that has managed to gain extreme popularity in great deal of countries around Europe and even more in the United Kingdom. Of course, there the company operates the gambling site Betsafe, which is a subsidiary of Betsson AB.

The reactions from the departure

Just after the announcement of all the above changes, Mr Pontus Lindwall, commented on the corporate update notifying Bengtsson departure. “Ulrik Bengtsson has done a good job for Betsson during the five years he has been employed by the Group. He has clarified the strategy and implemented significant product launches. On behalf of the Board and myself, I would like to thank Ulrik for his efforts”.

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