Gaming Innovation Group: CEO Richard Brown to step down

Updated:2024-03-21 13:35    Views:87

GiG CEO Richard Brown is to step down from his role by the end of 2023 and the search for a new platform CEO has been initiated.

GiG's Board of Directors has agreed for Brown to resign from the role as of 31 December 2023.

This decision follows a strategic review in February, which had the intention to split the company into two separate groups, GiG Media and Platform & Sportsbook. GiG Media will continue under its current executive leadership and a search for a new CEO for Platform & Sportsbook has commenced.

Brown has worked as CEO at the company for four years and has eight years of experience at GiG in total, having worked as Managing Director, Chief Digital Officer and COO during his years at GiG.

Petter Nylander, Chairman of the Board of Directors at GiG,Play Casino Online commented: “Richard has done a tremendous job with GiG over the years and the company is in a very good position driving shareholder value going forward. We are pleased that Richard has agreed to stay until the end of the year to secure a smooth transition.”

GiG CEO Brown said: “It has been a true honour and privilege to be part of GiG's development over the past eight years and the last four years as CEO, leading an incredible group of people towards, as I see it, the unparalleled strategic position across the B2B value chain that the group has created.

“I have no doubt the teams throughout the organisation and the management groups of the respective business units have the skills and passion to continue the growth of the business, towards its financial and operational targets.”