Kindred Group, online casino operator in Europe, the US and Australia, has announced that its CFO, Johan Wilsby, has stepped down from his role. Wilsby began his CFO duties with Kindred in October 2020 and will leave the position later this year.
Before working with Kindred, Wilsby was a Board Member at Seamless Distribution Systems AB in Sweden from 2017-2020, and prior to that he held several CFO positions at Tobii AB, Fingerprint Cards and Transmode. Due to leave the company in autumn 2023, Wilsby and Kindred have begun the process of appointing a successor.
Henrik Tjärnström, CEO of Kindred Group, said, “Kindred is a dynamic company and Johan has been instrumental in developing the Group's corporate function, the strategic execution, as well and contributing to the Executive leadership team.
“He has also been a very appreciated colleague and shown leadership and integrity during challenging times. I want to thank Johan for his contributions and wish him the best of luck in his future career.”
Last week, Kindred Group launched its tech platform in New Jersey, greenlit by the New Jersey Division of Gaming Enforcement.
The company also recently posted its Q1 financial results, driven by an aim to reduce Kindred’s revenue from harmful gambling, which is currently down to 3%.
In a strategic review following its Q1 release, the board of directors said it is considering a potential sale of the company. The investment bank and financial advisors assisting with the sale will be PJT Partners, Morgan Stanley & Co International plc and Canaccord Genuity.
