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Kindred Group's Chief Financial Officer Johan Wilsby to Leave Position Later This Year

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Johan Wilsby, the Chief Financial Officer (CFO) at Kindred Group, is set to leave his position later this year, according to a recent announcement by the company.

Kindred Group, a leading online gambling operator with business across Europe, the US, and Australia, has expressed its gratitude to Wilsby for his contributions to the company's corporate function and strategic execution since his appointment in September 2020.

Henrik Tjärnström, the CEO of Kindred Group, acknowledged Wilsby's impact on the executive leadership team and thanked him for his efforts during challenging times. Tjärnström also praised Wilsby for his leadership and integrity, adding that he would be missed as a colleague. The process of appointing a successor has commenced, and Wilsby is expected to leave Kindred during the autumn of 2023.

The departure of Wilsby from his role as CFO may come as a surprise to some, given his relatively short tenure in the position. However, Kindred Group has stated that Wilsby has played an instrumental role in the company's corporate function and strategic execution. His contributions have likely been crucial to the company's growth and success in recent years.

Kindred Group operates across Europe, the US, and Australia, offering over 30 million customers a safe, fair, and sustainable form of entertainment. The company is committed to providing an exceptional experience to its customers while maintaining high standards of integrity and social responsibility. With approximately 2,500 employees, Kindred Group is listed on Nasdaq Stockholm Large Cap and is a member of the European Gaming and Betting Association.

What's Next

The departure of a high-ranking executive such as Johan Wilsby is always significant news for a company, especially due to Kindred's current successful first quarter. The company's announcement of Wilsby's departure is likely to generate interest among investors and industry analysts. Kindred Group's ability to appoint a suitable successor and maintain its growth trajectory will be closely watched in the coming months.

As for Mr. Wilsby, with a portfolio like his, we doubt that it would be very hard to find a high-ranking position in any other company in the industry.

Johan Wilsby's departure as CFO of Kindred Group later this year marks the end of a short but impactful tenure. His contributions to the company's corporate function and strategic execution have been instrumental in Kindred Group's success, and he will be missed by his colleagues. The process of appointing a successor has started, and Kindred Group will be closely watched as it seeks to maintain its growth trajectory.

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