Kambi Group Ushers in a New Era with Werner Becher as CEO

In a strategic move poised to shape the future of sports betting, Kambi Group plc has announced the appointment of Werner Becher as its new Chief Executive Officer (CEO), taking the helm from the esteemed Kristian Nylén. This pivotal transition is set to occur on July 25, coinciding with the unveiling of Kambi's Q2 2024 report, marking a new chapter in the company's illustrious journey.

Key Takeaways:

• Werner Becher, former Sportradar executive, is set to become Kambi Group's new CEO, succeeding Kristian Nylén.
• Becher's extensive experience in the sports betting industry and his role in Sportradar's successful Nasdaq IPO spotlight his capability to drive Kambi's future growth.
• Kambi is embracing innovation with its modularisation strategy, positioning itself for expanded market reach under Becher's leadership.

A Match for the Future

After an exhaustive selection process featuring a diverse pool of candidates, Becher emerged as the chosen leader to steer Kambi through its forthcoming growth phase. With a rich background spanning senior roles in both B2B and B2C companies within the sports betting industry, as well as significant tenure in the technology sector, Becher brings a wealth of experience to the table. His notable achievements include a four-year stint at Sportradar, where he played a crucial role in the company's Nasdaq IPO in September 2021, and leadership at European betting and gaming operator Interwetten, guiding the company through a period of sustained growth.

Strategic Vision and Growth

Kambi is on the cusp of exciting developments, having recently embarked on a modularisation strategy that includes opening up its platform, incubating its AI-pricing division, Tzeract, and acquiring complementary businesses such as Abios and Shape Games. Becher's appointment is expected to accelerate these initiatives, further solidifying Kambi's status as the industry's leading sports betting partner.

In expressing his enthusiasm for the role, Becher stated, "I am honoured to take on the position of CEO at Kambi Group, a company that has been at the forefront of this industry for many years and one which I have the utmost respect and admiration for." He looks forward to collaborating with the Board, executive team, and employees worldwide to seize the remarkable opportunities that lie ahead.

A Seamless Transition

Anders Ström, Chair of the Board and Co-founder of Kambi, highlighted Becher's suitability for the role, emphasizing his extensive industry experience, entrepreneurial spirit, proven business acumen, and exceptional drive. The Kambi family warmly welcomes Becher, confident in his ability to usher the company into a new era of innovation and growth.

This leadership transition follows the announcement by Kambi co-founder Nylén in January of his decision to step down, a role he has commendably filled since 2010. Nylén's recent election to the Kambi Board of Directors ensures his continued influence and support for Becher, facilitating a seamless handover and promising a bright future for Kambi under its new leadership.

(First reported by: Name of Source, Date)