New CFO for LeoVegas
News on 7 May 2018
News on 7 May 2018
Online gambling operator LeoVegas has announced the appointment as chief financial officer of Stefan Nelson, currently a director at SEB Corporate Finance, who will start as CFO at LeoVegas 22nd of August this year when Viktor Fritzén enters his new role as Senior Advisor.
Nelson has a solid background with nearly 20 years of experience in finance. Among other things he has been an equity analysts of the gaming sector, which brings a wealth of industry knowledge; from understanding the major trends to operational activities and the knowledge about the product. This, combined with a broad experience in M&A, will make him a key player for LeoVegas in the future, the company noted in a statement Monday.
“I think it will be incredibly stimulating to start working at LeoVegas, which is one of the fastest growing companies on the Stockholm Stock Exchange. In my role at SEB, I led LeoVegas’ IPO in 2016, and have been familiar with the company and management team ever since. LeoVegas has impressively achieved a leading position in a large and fast-moving industry that is still in an early development phase. I look forward to being part of and contributing to the continued growth journey that Gustaf and his team have set out for the future,” said Nelson.
Gustaf Hagman, CEO LeoVegas Mobile Gaming Group said: “With his deep expertise in finance and a sense of both the business and the gaming industry, combined with having been Sweden’s most renowned gaming analyst, Stefan will be an addition to the management team and my right hand. Stefan’s broad and deep knowledge within M&A will also be an asset to us in the future. Furthermore, I was looking for a person who has a unique feeling for numbers and the ability to see them in the right context. That is a gift Stefan has.”
In a related statement, LeoVegas advised Monday that current CFO Viktor Fritzén is to take on a new role as Senior Advisor to the management team after a planned parental leave starting at the end of 2018.
“When Viktor told me about his upcoming longer parental leave and the willingness to focus on strategic questions, it was obvious to build a role with that in focus,” said LeoVegas CEO Gustav Hagman.
“Viktor will in the middle of Q4 this year go on parental leave, then when he returns to his role as Senior Advisor he will assist me and the management team on strategic matters and our long-term goals. With Viktor’s expertise and knowledge of the company, I would like to see him as a future member of the board.
“Viktor began as CFO in 2012 and has played an important part in the building of LeoVegas, especially in areas such as the creation of our data-driven culture, our capital raising, acquisitions and listings. Viktor’s enthusiasm and unique understanding of numbers is something that has also inspired many of our colleagues. Viktor is an amazing person with unique skills and knowledge about LeoVegas. We have very ambitious plans for the long term so it will be very interesting to see what a more dedicated focus on these topics from Viktor in his new role can provide.”
