Raketech Eyes William Hill CEO As New Chairman

Online affiliate and content market provider Raketech has proposed appointing William Hill chief executive Ulrik Bengtsson as its new chairman, after Christian Lundberg declined re-election to the role.

Bengtsson has been CEO of William Hill since September of 2019, having initially joined the bookmaker as chief digital officer in April 2018.

Prior to this, he was president, chairman and chief executive of Betsson Group, and also spent time as CEO of the emerging markets pay-TV business at Modern Times Group.

Raketech’s nomination committee proposed appointing Bengtsson as chairman, and should this be approved, the appointment would come into effect from the affiliate’s annual general meeting on May 17.

“With his profound knowledge, connections and experience from the global scene of igaming combined with first-hand experience from large scale international transactions, Mr Bengtsson is perfect for the job to further accelerate our growth,” Raketech nomination committee chairman Tobias Persson Rosenqvist said.

Rosenqvist also paid tribute to the outgoing Lundberg, who has served as chair of Raketech since 2017.

“I wish to express my warmest thanks to Mr Lundberg for his hard work with regards to creating a well-balanced mix between entrepreneurial creativity and well-functioning governance and structure,” Rosenqvist said.

Lundberg added: “When I was appointed as chairman, I had a clear mission. This was to lead the work with creating structure and processes to ensure Raketech would successfully be able to operate in a listed environment, on Stockholm Nasdaq First North.

“Looking back, I am proud and happy to be able to conclude that Raketech now is a stable listed company with a strong and confident management in place, guided by a clear strategy. My mission is thereby done, and it is time for me to hand over to someone else who can take Raketech to the next level.”

Raketech’s nomination committee also proposed the re-election of Fredrik Svederman, Annika Billberg, Johan Svensson and Erik Skarp, as well as the new appointment of Magnus Gottås.

The committee’s complete proposal will be presented at the annual general meeting next month.

In February, Raketech said the impact of its acquisitions during the past year helped to drive revenue up 23.0% year-on-year in its 2020 financial year.

(Photo: flickr)

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