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Kindred Group Plc has announced that Patrick Kortman will assume the role of Interim CFO, as the business continues to restructure its executive management team following key departures.
Kortman, who currently serves as Director of Corporate Development and Investor Relations, will assume the Interim CFO role from today (21 June). He is replacing Johan Wilsby, who will depart the Stockholm-listed online gambling group at the end of the year.
H1 trading saw Kindred announce leadership changes, as corporate governance placed the company under strategic review, considering all options including the potential sale of the business.
Kortman’s appointment to the executive management team comes in conjunction with Interim CEO Nils Andén, who succeeded Henrik Tjärnström after he ended his 14-year tenure as Kindred Group CEO last month.
Andén commented on the CFO appointment: “I am very pleased that Patrick has agreed to take on the role as Interim CFO at Kindred. Patrick knows Kindred very well and has vast experience in the financial sector, and he will continue to bring great value to Kindred’s financial operations, to the wider Executive Team, and to the Board as we continue to focus on the strategic review.”
In addition to the Interim CFO role, two other interim appointments have been made to the Executive Team. Chief of Staff Usha Ganesan will assume the role of Interim Chief Finance Operations Officer, while UK General Manager Neil Banbury has assumed the role of Interim Chief Commercial & Marketing Officer.
Kindred explained that “all appointments will remain as interim until the strategic review is concluded”. The company will publish its interim 2023 trading results on 25 July 2023.
“I am delighted that we can maintain momentum and consistency across the company during this period thanks to our excellent senior leaders and strong employee base,” added Andén.
