GiG Media will continue to operate under GiG’s current corporate structure, with GiG serving as its listed holding company. GiG Platform, currently operated as a subsidiary of GiG, will be spun off to the company’s shareholders later this year.
The board of GiG Platform will not be elected during GiG’s annual general meeting but will be elected separately during the relevant subsidiary’s annual general meeting. The majority of the company’s current board members will be elected to the initial board of GiG Platform, with the exception of Karolina Pelc, who has declined re-election due to other commitments.
The board of directors for GiG Platform will thus include Petter Nylander as chairman, along with Nicolas Adlercreutz, Mikael Riese Harstad, Hesam Yazdi, Tomasz Juroszek and Steve Salmon as ordinary board members.
The Nomination Committee’s proposal
For GiG, and thereby the continued operation of GiG Media, the Nomination Committee has decided to propose that GiG’s Annual General Meeting 2024 approves the following proposals regarding the number of board members and election of board members.
The Nomination Committee proposes that the number of members of the Board of Directors of GiG shall be five. For the period until the next Annual Meeting of Shareholders, the nomination committee proposes that a board of five members, led by Mikael Riese Harstad as proposed chairman, alongside Hesam Yazdi as a re-elected director.
The Committee has put forward the election of three new board members of Cristina Romero de Alba, Mateusz Juroszek, and Nicholas Batram.
Cristina Romero de Alba has a versatile background in finance and law, serving as a partner at LOYRA. She leads one of the most prominent M&A and regulatory practices in the gambling and betting industry, with a particular emphasis on the Americas.
Over her 12 years of industry experience, she has provided counsel to institutional and strategic investors, operators and suppliers across more than 30 countries.
Mateusz Juroszek has 20 years of involvement in the gambling sector, primarily as the CEO of Poland’s largest bookmaker, STS, from 2012 to 2023. He has also served as an investor in various gambling ventures worldwide. During his tenure, STS witnessed revenue growth and ascended to become Poland’s leading bookmaker, propelled by innovative sports betting and technological solutions.
Notably, he transitioned STS from a retail-oriented model to an online platform, with a specific focus on mobile integration. In 2021, he successfully oversaw STS Group’s IPO on the Warsaw Stock Exchange, achieving an €850 million capitalization.
Nicholas Batram recently established his consulting business after serving as Group Director of M&A and Corporate Development at Entain plc, a leading gaming company and a constituent of the FTSE100. During his eight-year tenure at Entain, Batram played a pivotal role in the group’s expansion and geographic diversification, overseeing over 20 transactions totalling approximately $10 billion across various regions.
The Annual General Meeting will be held on May 22, 2024, in Stockholm, Sweden. The Nomination Committee’s full proposals and motivated statement will be released in connection with publication of the notice of the Annual General Meeting.
Source: GMB
