LeoVegas Chooses Chairman Mårten Forste as New COO in Malta

LeoVegas Chooses Chairman Mårten Forste as New COO in Malta

Staff Writer
January 29, 2020

Online gambling operator LeoVegas has announced that its current chairman of the board, Mårten Forste, will become a new chief operating officer.

Chairman With a Lot of Experience in the Industry

Mårten Forste has been Chairman of LeoVegas for three years. Prior to this, he worked at Match Group, which includes the brands Match, Meetic and Tinder. In addition to this, he has 12 years of experience from the gaming industry, where he successfully worked in various operational roles. In total, Forste has 20 years of experience with fast-growing technology companies.

Mårten Forste said:

“After having served on the Board since 2012, I am proud to join LeoVegas' operations team. The gaming market is dynamic, and I am convinced that we are in the best possible place to further strengthen our position as market leader in the casino segment. I look forward to working further on the course charted by the management team, creating shareholder value and continuing to take market shares by delivering a safe, sustainable and entertaining customer experience.”

Saying Goodbye to the Valuable Employee

LeoVegas' nomination committee will present a recommendation for a new chairman until the Annual General Meeting notice.

Currently, the company's COO in Malta Richard Woodbridge.  Woodbridge has accepted an offer in another industry and he will be leaving LeoVegas at the end of May.

Gustaf Hagman, Group CEO, commented:

“It is truly unfortunate to lose such an ambitious and talented person as Richard Woodbridge. He is highly appreciated in the company, and I wish him success in the future.

Mårten is the perfect successor, as he has been with LeoVegas from the start and is a strong contributing force behind our strategy and operations. He has good knowledge about all parts of LeoVegas and our culture, and he knows what we need to do to further develop the company and be `King of Casino'. His experience clearly makes him the right person to further build upon what Richard has started.”



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