LeoVegas Announces Major Management Changes Due to the Company’s Growth, Plus a More Focused Attention on Its LeoSafePlay
The LeoVegas Group has made some major changes with its management team due to the company’s growth in the online market. LeoVegas has appointed Richard Woodbridge as the new Chief Operating Officer in Malta starting January 2019. Woodbridge is currently the CEO of the Ellos Group, a Nordic focused e-commerce company.
Marcus Nylen, the current CEO will continue serving his role through this year until January 2019. Nylen isn’t leaving the company, she is moving to the newly create role of Deputy Chief Executive Officer in Stockholm. Nylen’s new role consists of working together with the Group Chief Executive Officer Gustaf Hagman regarding LeoVegas’ strategic measures for creating projects and other valued developments.
“Richard’s background and personality are a perfect fit for LeoVegas as we continue to focus on growth and sustainability,” commented Gustaf Hagman.
Hagman also commented on Nylen’s positing saying,
“Louise has also played a key role in building our company culture and driving sustainability, and I look forward to working with Louise and all other employees to achieve our financial targets for 2020 of at least EUR 600m in revenue and at least EUR 100m in EBITDA.”