CFO Phil Richards left the business on Monday and a search in underway for his replacement
GiG Software has commenced the search for a new chief financial officer to replace Phil Richards, who has left the business with immediate effect.
Richards stepped down from his role on Monday but will remain available to provide transitional support as required.
GiG said that it has established appropriate transition arrangements to ensure continuity across the finance function while the company’s board of directors initiates the search for a new CFO.
GiG chief executive Richard Carter commented: “On behalf of management and the Board, I would like to thank Phil for his contribution to GiG. He has played an important role in the Company’s financial reporting, investor relations and corporate development activity, and we wish him well for the future.”
Richards joined GiG Software (formerly Gaming Innovation Group) as CFO in June 2024.
“It has been a privilege to serve as CFO of GiG,” said Richards. “I would like to thank Richard, the Board and my colleagues for this opportunity, and I am very confident the business is well placed for its next phase.”
He said in a post on LinkedIn that he will take up a new role outside the gaming industry on 1 December.
Shares in GiG Software plc. (STO:GIG-SDB) were trading 3.8 per cent higher at SEK3.28 per share in Stockholm Tuesday morning.