New York-listed Esports Entertainment Group (EEG) has appointed Alex Igelman as its new chief executive.
Igelman takes charge of the company following the departure of long-serving chairman and CEO Grant Johnson last month.
He brings with him more than 30 years of experience in the gaming industry, and is the co-founder of FairP2P and Esports Capital Corp.
“We are excited to have Alex join the senior leadership team,” said Esports Entertainment’s newly appointed chair Jan Jones Blackhurst. “He brings a wealth of knowledge, experience, and fresh perspective as we move the company forward. We welcome Alex to the company.”
Commenting on his appointment, Igelman said: “I am thrilled for the opportunity to join EEG at this important time in its journey and to work alongside someone as experienced and respected as the new chair, Jan Jones Blackhurst. The company is making significant strides to refine its focus on creating a valuable esports brand and is initially looking inward at some of its key assets to kickstart this process.
“The company also owns certain valuable assets and relationships in the esports sector and there is a substantial growing addressable domestic esports betting market for the company to take a leadership position in. The company will continue to structure its operations and financial position to maximize value for shareholders. I look forward to bringing my experience into the leadership of the company and to focus on the execution of these transformative initiatives.”
Shares in Esports Entertainment Group Inc (NASDAQ:GMBL) closed 7.93 per cent lower at $0.0766 per share in New York on 30 December.