FSB CEO David McDowell joins firm’s Board in leadership shakeup

David McDowell, Co-Founder and CEO of FSB Technology, has become the latest addition to its company board.

He will take on responsibilities as interim leader and Board Liaison, whilst the company has also announced other new appointments as an active commercial year draws to a close. 

Adam Smith, who FSB describes as a ‘a technology and telecommunications expert’, has joined as Head of Delivery, whilst Sam Lawrence and Ian Freeman will take on ‘expanded roles’ in their positions as Chief Technology Officer (CTO) and Chief Revenue Officer (CRO).

“As a co-founder, I will always have a place in my heart for FSB and I am extremely proud of what we have achieved together,” McDowell remarked.

“Starting with an initial vision that live data could be used to revolutionise sports betting software, we have gone on to build a global B2B business that has pioneered the SaaS business model for sports betting services – attracting Tier-One customers, and now managing clients and operations across five continents.

“We have built a business with double digit revenue growth, which handles multiple billions in turnover for our customers annually.”

During his tenure as CEO McDowell has overseen several key developments at the B2B sportsbook supplier, many of which occurred within the last 12 months. 

The second half of the year alone saw the firm prepare for sportsbook operations during the World Cup, partnering with Trust Payments and Abelson Info to achieve this.

Perhaps of greatest significance to FSB, the B2B solutions supplier completed its business transformation in June, completing a three year process which began after a multi-million pound investment by Clairvest.

Michael Wagman, Chair of the Board, said: “David has been instrumental in building what we believe to be the strongest sports betting and igaming platform in the industry. 

“There are few people that have his deep sector knowledge across sports betting, platform and igaming products and we look forward to continuing our strategic collaboration as David joins the Board of Directors.”