Online lottery provider ZEAL Network has appointed Carola Gräfin von Schmettow as the new chairwoman of its executive board. 

Gräfin von Schmettow previously served as chief executive of HSBC Germany and has been a member of the ZEAL supervisory board since November 2024.

She replaces the outgoing chair, Peter Steiner, who announced his intention to step down last year and leaves the company after 12 years on the board, including the last eight years as chairman. 

ZEAL CEO Helmut Becker, who himself is set to depart the company when his contract expires at the end of January 2026, paid tribute to Steiner. “We would like to thank Peter Steiner for his many years of dedicated and responsible work as a member and Chairman of our Supervisory Board,” he said.

“During this time, he was not only a reliable companion and valuable source of inspiration for the management board, he was a strategic compass, an anchor of integrity and a person who accompanied ZEAL with foresight and passion. 

“Under his leadership, the Supervisory Board has steered key developments such as ZEAL’s return to Germany and the strategic expansion of our business. On behalf of ZEAL, I would like to sincerely thank Peter Steiner for his valuable work and wish him all the best for the future.”

Shares in ZEAL Network SE (FRA:TIMA) were unchanged at €46.00 per share in Frankfurt Friday morning.