Gaming Innovation Group Appoints New Chief Executive Officer

The new CEO of Gaming Innovation Group (GiG) is Richard Brown, effective from today. He previously held the company’s role of Chief Operating Officer (COO).

Brown ed the company back in 2017 as Managing Director of media business. After nearly two years, he2 was appointed Chief Digital Officer and later took on the position of COO.

On September 5, Brown assumed the position of acting CEO after the company decided to change leadership, replacing their former CEO and co-founder, Robin Reed.

As acting CEO, Brown showed great initiative and leadership and gained the full backing and a strong mandate from the Board to assume the position of CEO of GiG.

Official Statements

Brown had the following to say of the recent appointment: “I am delighted to accept the position of CEO for Gaming Innovation Group, having worked here for the past four years I see a massive potential for the Company. While industry headwinds may have dampened progress in 2019, I am extremely excited about the future potential of the group and this new phase of the Company’s life cycle. My focus will be on delivery, execution and optimisation, putting us on a path for great focus and renewed growth.

“I would like to a special thanks to all the people within GiG past and present, who have been ive of me and I am immensely proud of the work they are doing and the effort all the teams apply to their work. With their help, I am convinced that we will be successful in achieving our goal in providing value to our shareholders,” he added.

Petter Nylander, Chairman of the Board commented: “The Board is delighted to appoint Richard Brown as the CEO of GiG. He is the best person to drive the necessary changes and provide leadership as the company now enters the next phase of its development. The gambling industry is experiencing a challenging period of structural change. However, it is still backed by fundamental strong underlying growth and we need to plan and position ourselves to be most relevant to our partners and end s in order to benefit and accelerate our sustainable growth.

Nylander continued to say that Brown has a strong track record of operational excellence and that he will be focusing on making the company more efficient by creating a clear and directional strategy, reducing costs and driving execution.

“The strategic intent of GiG remains unchanged; to be the global operator and partner for strong brands in iGaming, with a sweet spot in taking an offline casino brand to a strong online offering. I am convinced that Richard will be able to create significant shareholder value by releasing the Company’s full potential,” added Nylander.

Source:

“Gaming Innovation Group appoints Richard Brown as Chief Executive Officer”, George Miller, europeangaming.eu, November 6, 2019.