Dominik Beier, Speaker of the Board for DACH markets betting group Interwetten Sports, has announced that he has ended his leadership tenure of the company after two years in the position.
Having been named as the Speaker of the Board (lead executive) in December 2018, Beier’s appointment was considered as a ‘generational change for Interwetten’s enterprise’ replacing long-term executive Werner Becher.
Writing on LinkedIn, Beier said: “It’s been 2 great years at Interwetten Group. We have delivered, two times in a row, record revenues (2019 and 2020), increased profitability, modernized the processes, gave the company a new communication strategy, lifted the product back to the top and all that during hard times for the industry as well as big challenges for the whole society due to COVID-19.
“Thanks to all employees, the management team, suppliers, partners as well as all other companions and supporters for the very inspiring and successful time together. Now it’s time to take on the next challenge.”
Beier initially began his career at Vienna-based live sports streaming platform LAOLA1 in 2011, where he rose up the ranks to become a member of the executive team, which then sold the enterprise to Sportradar in 2016.
He subsequently joined Sportradar, where he was tasked with leading the firm’s new sponsorship and media rights commercial divisions as Global Head of Sponsorship/Advertising Sales (2016-2018).
Recognised as sports betting’s youngest chief executive, Beier’s appointment saw Interwetten begin to expand its international footprint beyond European markets, with the company launching its sports betting services in Nigeria at the start of 2020.
Providing further information on his departure, Beir detailed to the media it was a ‘common decision to separate paths’ and that he holds ‘different views on how to position and develop the company’.