Betsson has announced that founder and long-serving chief executive Pontus Lindwall is to step down after it said he had “completed” his goals in the role, and the operator has begun the search for his replacement
Lindwall was first appointed Betsson CEO in 1998, and would hold the position until 2011. He started his second term as CEO in 2017.
Lindwall’s departure comes off the back of a record quarter for Betsson in terms of earnings before interest. Lindwall will remain as CEO until a replacement is found. The operator said that given these results, Lindwall has completed the operator’s “Back on Track” recovery program which he was hired to implement.
