Catena Media the car behind quite a few playing affiliate websites, have appointed their chairman Göran Blomberg as their new interim Chief Government Officer, after earlier incumbent Per Hellberg left the corporate as we speak. Hellberg who was in place since March 2018 as Chief Government Officer at Catena Media, has left with no official cause given.
Subsequently the Catena Media board of administrators have moved present board member Öystein Engebretsen to the position of Appearing Chairman because of Blomberg taking on the place of interim CEO. Talking about these developments, Engebretsen mentioned: “We’re happy to nominate Göran Blomberg as the brand new interim CEO of Catena Media.”
“Mr. Blomberg has strong expertise and brings greater than 30 years of managerial expertise to the position in public listed atmosphere. This makes him match with Catena Media for the transition interval. The board additionally wish to take this chance to thank Mr. Hellberg for his time with Catena Media.”
“To execute and lead Catena Media by way of this transformation course of The Board has commenced the seek for a brand new CEO with related skilled experiences and a observe file of success to facilitate Catena Media’s shift into an much more worthwhile development section.”
Again in November the corporate reported that revenues had decreased throughout all enterprise fashions, with a 5.7% decline for the third quarter of the yr, which the corporate attributed to the continuing Covid-19 pandemic.
Blomberg commenting on his new position as Interim CEO acknowledged: “Subsequently to strengthening the corporate’s monetary place by way of a efficiently executed rights difficulty of a hybrid bond in June we now will refocus on natural development and potential strategic acquisitions.”
“Moreover, we’ll enhance operational effectivity by way of an enhanced give attention to BI and AI to create an much more scalable enterprise resolution. McKinsey & Firm has simply been engaged to additional speed up this transformation course of.”