CEO Ulrik Bengtsson departs Betsson AB

(PRESS RELEASE) -- The Board of Directors and CEO Ulrik Bengtsson have agreed that Ulrik Bengtsson shall leave the position as President and CEO of Betsson AB. Ulrik Bengtsson has chosen to leave his position immediately.

Betsson AB's Board of Directors has decided to appoint Pontus Lindwall CEO of Betsson AB until a new CEO has been recruited. In connection with this appointment, Pontus Lindwall's role as Chairman of the Board will be assumed by the Board member Patrick Svensk until further notice.

"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," says Pontus Lindwall, Chairman of the Board of Betsson AB.

The Board has initiated the process to find a new permanent CEO of Betsson AB. Jesper Svensson, Chief Commercial Officer of BML Group, has been appointed acting CEO in Betsson's operational subsidiary in Malta.