Daniel Sebag, the Amaya online gambling group’s first and only chief financial officer with ten years’ service under his belt, has retired, according to a company announcement Friday.
The announcement advises that Sebag has elected to retire this year once his successor is identified and appointed, but will assist Amaya in ensuring an orderly transition of his duties.
The Board of Directors has retained Spencer Stuart, an executive recruiting firm, to advise the Board and launch a global CFO search.
The company statement records that Sebag joined Amaya in 2007 as its first CFO and managed its finances and accounting as a start-up through its initial public offering and its transformation to a consumer technology company through the $4.9 billion Rational Group acquisition in August 2014.
“Danny has been a passionate and dedicated steward of Amaya’s growth into a global gaming leader and helping to position it for the future,” said Divyesh Gadhia, chairman of the Amaya board. “On behalf of the company, I would like to thank him for his contributions over the years. We wish him all the best in his retirement.”
Rational Group also recently announced several new appointments to senior operational roles, including Guy Templer, as Chief Operating Officer of Rational Group (previously, Chief Strategy Officer of Rational Group), Bo Wänghammer as Managing Director of Casino Operations (previously, Business Development Director for Mr. Green & Co AB and CEO of Mr. Green’s operating company, Mr. Green Ltd.), and Zeno Ossko as Managing Director of Sportsbook Operations – previously, CEO of MyBet Holding SE (see previous reports).