Glitnor Group’s David Flynn to step down as CEO

Glitnor Group has announced that David Flynn will step down from his CEO role in the new year to become a board member.

After three years as the Malta-based operator’s chief, Flynn will move to become a group board member where he will continue to focus on long-term strategies and support operational management.

While Glitnor begins its search for a new leader, the company’s co-founder Jorgen Nordlund will act as interim CEO.

Regarding the change of role, Flynn commented; “Over the past three-and-a-half years I’ve had the pleasure to hire, work with, create and help develop an amazing team at Glitnor, delivering exceptional brands and celebrating outstanding year-on-year growth across the business.

“With our continued strong growth aspirations in mind, I’ve decided that now is the time to look further ahead for Glitnor and make a change which, I believe, will help take Glitnor, and everyone involved, to the next level.”

He added: “After 20 years in igaming I really believe that my experience will better serve the group as a member of the board supporting the incoming CEO, as we continue to grow and expand the business.”

Dan Andersson, chairman of the board at Glitnor Group, commented: “In our quest to reach excellence and make it possible to continue our growth at such a rapid pace, David has been absolutely key in developing the group and taking the next step in our growth plan.

“It is now good timing to make such a change as we strengthen the board in preparation for the stock market, given financial market sentiment turning more positive in 2023. We look forward to having David working actively in the board.”

Last month, Glitnor Group and KaFe Rocks announced they had mutually agreed not to complete an acquisition which would have seen Glitnor acquire all of the affiliate’s assets. However, Glitnor Group remains as a significant shareholder in the affiliate.