Rush Street Interactive (RSI) has promoted current chief financial officer (CFO) Kyle Sauers to the role of president.

Sauers, who has been with RSI since 2020, will hold the title of president in addition to his current position as CFO and will continue to lead RSI’s financial strategy while taking on broader responsibility for day-to-day operations, execution and cross-functional performance.

“Kyle’s promotion reflects RSI’s continued growth and the natural evolution of his leadership,” said RSI chief executive Richard Schwartz. “His strategic insight, operational discipline, and collaborative style have been central to RSI’s success.

“This new structure allows us to build on our momentum, enabling me to focus more deeply on innovation, online casino legalisation and regulatory advocacy, as well as strategic opportunities, while Kyle continues to maximise the potential of our existing markets through strong execution and operational alignment. Together, our complementary strengths will help us deliver long-term, sustainable growth.”

Sauers said of his appointment: “I’m honoured to take on this expanded role and continue working alongside our exceptional teams to advance RSI’s mission. We have an extraordinary culture grounded in innovation, integrity, and accountability.

“Together, we’ll continue strengthening our operations, maximising performance in current markets, and positioning RSI for the next phase of growth.”

Shares in Rush Street Interactive Inc (NYSE:RSI) gained 3.18 per cent to close at $20.45 per share in New York Wednesday.