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Kambi appoints Werner Becher as next CEO

1st July 2024 11:06 am GMT
Kambi

Sports betting solutions provider Kambi Group has named former Sportradar executive and Interwetten CEO Werner Becher as its next chief executive officer.

Becher will succeed Kristian Nylén as CEO on 25 July, the day after publication of Kambi’s financial results for the second quarter of the year.

Becher was a key figure at sports data and betting supplier Sportradar for four years from 2019, initially as managing director of its US-facing betting arm before assuming the position of CEO of its Europe, Middle East and Africa and Latin America business.

He was previously CEO of European betting and gaming operator Interwetten for eight years, where he led the company through a period of sustained growth, and also founded IT services provider adesso Austria. Most recently, Becher served as an independent investor and advisor.

“I am honoured to take on the position of CEO at Kambi Group, a company that has been at the forefront of this industry for many years and one which I have the utmost respect and admiration for,” said Becher. “I join Kambi at an exciting time in its evolution, as it continues to open up its service and widen its addressable market.

“I am excited to work closely with the Board, our executive team, and our talented employees across the world to deliver on the fantastic opportunities ahead of us.”

Becher's appointment comes after Kambi co-founder Nylén announced in January that he would step down from the position he has held since 2010, upon the appointment of a successor.

Nylén will continue to serve Kambi as a member of the Board of Directors.

“We are delighted to welcome Werner Becher as the new CEO of Kambi,” said Kambi chairman and co-founder Anders Ström. “Werner is an exceptionally suitable successor to Kristian Nylén. With extensive industry experience, strong entrepreneurial spirit, proven business acumen, and exceptional drive, we are confident Werner is the right choice to lead Kambi into a new era.”

Shares in Kambi Group plc (STO:KAMBI) were trading 1.13 per cent lower at SEK104.60 per share in Stockholm Monday morning.

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