Nomination of new chairman and other Board changes come ahead of the company’s annual general meeting next month
iGaming affiliate Raketech has nominated former PlayStar and Internet Vikings CEO Peter Ekmark as its new chairman.
Ahead of the company’s Annual General Meeting (AGM) in Malta on 20 May, Raketech’s nomination committee has proposed to elect Ekmark and Måns Svalborn as new members of the Board, and re-elect Clare Boynton, Erik Skarp and Magnus Alebo.
Ekmark has extensive experience from senior executive and board roles within the online gaming sector, including chief executive of PlayStar and Internet Vikings. He has also held senior roles at William Hill, Jackpotjoy Group and Kindred Group.
“The Nomination Committee believes his strong industry expertise and strategic track record make him well suited to lead the Board,” said the Committee.
Svalborn has served as chief financial officer of Raketech since 2019, and will step down from his executive role prior to joining the Board.
Kathryn Moore Baker, Marina Andersson and Patrick Jonker have informed the Board that they will not stand for re-election.
The Nomination Committee has also proposed to reduce Board remuneration to half of current levels, “reflecting a continued focus on cost efficiency and alignment with the company’s current size and operations”.
Following the AGM, the board of directors will consist of Peter Ekmark (chair), Clare Boynton, Erik Skarp, Magnus Alebo and Måns Svalborn.
Shares in Raketech Group Holding (STO:RAKE) were unchanged in Stockholm Thursday morning at SEK 1.67 per share.