Stockholm-listed casino solutions provider NetEnt has promoted its chief financial officer Therese Hillman to the chief executive's office.

Hillman has served as chief financial officer of NetEnt since January 2017 and assumed the CEO role on an interim basis in March this year following the departure of Per Eriksson.

"We are pleased to appoint Therese Hillman as new Group CEO," said NetEnt chairman Fredrik Erbing. "Therese has a clear business focus and is an appreciated leader with great energy. NetEnt is pioneering the online gaming industry and is taking the next step to be at the forefront of business focus and innovation. With Therese's abilities, we get the right person to lead the company in the next growth phase."

Hillman has served as interim CEO since late March when Per Eriksson was removed from the role, with the company's board stating at the time that it needed a new driving force to reverse the trend of falling profit and to increase the company's focus on growth.

Commenting on today's announcement, Hillman said: "It is with great enthusiasm, but also humility, that I am taking on the role as Group CEO of NetEnt. I look forward to drive the development of the industry together with our customers and employees and to deliver the best player experiences. This is how we can continue to create value for our customers, shareholders, players and employees."

Shares in NetEnt AB (STO:NET-B) were trading up 1.02 per cent at SEK53.49 per share in Stockholm Tuesday morning.


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