LeoVegas CEO to step down

Business News

Johan Styren, head of LeoVegas Maltese subsidiary, LeoVegas Gaming Ltd., today announced that he leaves his employment. Johan, who has been employed as CEO of LeoVegas Gaming since 2012 and is part of LeoVegas management team, will remain as a Director of some of the Group subsidiaries during a transitional period, but will gradually withdraw from these assignments.

Going forward, Johan’s responsibilities will be handled within the framework of the existing organization. Johan’s last day in LeoVegas management team is June 30, 2017.

“When I started at LeoVegas 2012 we had just launched and had no customers. Today we are market leaders!” comments Johan Styren. “Since then, we have managed to build the world’s best mobile casino, added sports games and live casino, listed on Nasdaq First North and made LeoVegas one of the best gaming companies in the world. After more than five fantastic years, I feel it’s time to move on to new challenges.”

“Johan has been very valuable to LeoVegas, primarily by being part of building our business in Malta. Johan has been part of creating what LeoVegas is today and I want to thank him for his amazing effort during his 5 years at LeoVegas. I wish him all the best in the future,” comments Gustaf Hagman, Group CEO and LeoVegas co-founder.