Malta-based iGaming firm Glitnor Group on Thursday announced that its CEO David Flynn will leave his role at the start of 2023 to move to a Board position within the company.
As a result, Co-Founder Jörgen Nordlund will take over as interim CEO, until a replacement is appointed.
Speaking about the change of role, Mr Flynn said: “Over the past three-and-a-half years I’ve had the pleasure to hire, work with, create, and help develop an amazing team at Glitnor, delivering exceptional brands and celebrating outstanding year-on-year growth across the business.”
“With our continued strong growth aspirations in mind, I’ve decided that now is the time to look further ahead for Glitnor and make a change which, I believe, will help take Glitnor, and everyone involved, to the next level. Thus, with the full support of our Founders and Board, I shall move to a group Board role where I will continue to develop our long-term strategy and support our operational management,” he explained.
Mr Flynn shared that it was a “very challenging decision” to leave his role as CEO, yet it also “opens up an opportunity for someone new to join the team”.
Given his 20 years in iGaming, Mr Flynn believes that his experience will “better serve the group as a member of the Board supporting the incoming CEO”, as the company aims to continue “to grow and expand the business”.
Glitnor Group Co-Founder and Chairman of the Board Dan Andersson said that Mr Flynn has been “absolutely key” in developing the company and taking the “next step” in its growth plan, as part of its “quest to reach excellence”.
“It is now good timing to make such a change as we strengthen the Board in preparation for the stock market, given financial market sentiment turns more positive in 2023,” Mr Andersson said, before adding that he is “looking forward” to having Mr Flynn working actively in the Board.
Throughout his extensive career in iGaming, Mr Flynn has worked at various well-known companies in a number of senior positions, including Vice President and Director at Ongame, Head of Operations at Microgaming and Chief Commercial Officer at NYX Gaming Group Ltd, among others.
Launched by iGaming veterans Mr Andersson and Mr Nordlund in 2018 with a focus on player acquisition, Glitnor Group is headquartered in Sliema, Malta, but also has offices in Sofia, Bulgaria. It is built on “strong leadership” as a key factor, “where entrepreneurship permeates the entire group”.
The purchase includes GGB magazine’s annual publications
Carmelo Romano, the former CTO, has transitioned to a consultative role within the company
This latest announcement builds upon a series of recent agreements signed by the supplier