German online lottery provider ZEAL Network has appointed Stefan Tweraser as chief executive officer to succeed Helmut Becker.
Tweraser will take over as CEO on 15 September and will join the company’s management board on 25 August.
He replaces Becker, who has served on the management board since 2013 and has led the company as CEO since September 2015.
Becker will remain available to the company as a consultant for the remainder of his contract until the end of January 2026.
“On behalf of the Supervisory Board, I would like to sincerely thank Dr Helmut Becker,” said Carola von Schmettow, chairwoman of the Supervisory Board of ZEAL Network. “His outstanding commitment and strategic skill have made a decisive contribution to the company’s growth and success.
“He has continuously expanded ZEAL’s market leadership in the German online lottery market, strengthened the business model in a challenging regulatory market and broadened the portfolio in a targeted manner through innovative product developments such as the dream house raffle. The Supervisory Board wishes him all the best for the future.”
Commenting on his departure, Becker said: “ZEAL has always been more than just a job for me. Working alongside my outstanding team has been a great personal enrichment. The company’s great success is the logical consequence of our unique team spirit, innovative mindset and customer focus. I would like to express my deepest gratitude to all employees who have contributed with such great passion and expertise each day.
“I would also like to thank the Supervisory Board and my colleagues on the Management Board for their trusting and constructive collaboration. Together with the leadership team, I will ensure a smooth handover to my successor. I am firmly convinced that under the leadership of Dr Stefan Tweraser, ZEAL will continue on its successful path.”
Tweraser most recently served as CEO of aerospace company Rocket Factory Augsburg, and brings extensive leadership experience from international companies such as Google, Telekom Austria, Deezer, and McKinsey.
Von Schmettow said that Tweraser has repeatedly demonstrated the ability to guide market-leading companies into their next phase of development with strategic foresight, innovative ideas and a sharp eye for detail.
“With Dr Stefan Tweraser, we have gained a highly qualified business leader as our new CEO,” continued von Schmettow. “He has proven his profound expertise in digital business models in various industries. Throughout his career, he has repeatedly demonstrated the ability to guide market-leading companies into their next phase of development with strategic foresight, innovative ideas and a sharp eye for detail.
“We are very much looking forward to working with him and are convinced that Dr Stefan Tweraser will provide decisive impetus for ZEAL’s continued growth.”
Tweraser said of his appointment: “I feel very honoured by the trust that the Supervisory Board has placed in me and my abilities. As the number one in the German online lottery market and an innovative trendsetter for products that make people dream, ZEAL enjoys strong brand recognition, an excellent reputation and an outstanding market position with brands such as LOTTO24.
“Together with my colleagues on the Management Board and the entire team, I will be fully committed to driving this well-positioned and future-oriented company forward.”
Shares in ZEAL Network SE (FRA:TIMA) were trading marginally higher by 0.43 per cent at €46.80 per share in Frankfurt Thursday morning.