Sportradar has announced the appointment of Craig Felenstein as the company’s new Chief Financial Officer (CFO).
Felenstein, who will report to Sportradar CEO Carsten Koerl, will be tasked with leading the company’s global finance, accounting and investor relations functions
“Sportradar has built an impressive leadership position in the rapidly growing global sports technology market and the Company is ideally situated to deliver sustained growth,” said Felenstein. “I am excited to work with Carsten and the entire Sportradar team, as well as the Board of Directors, to capitalize on the significant growth opportunities ahead and deliver additional value to our clients, partners, and shareholders.”
Felenstein will bring over 30 years of senior finance and operating experience to the role and previously served as CFO at travel company Lindblad Expeditions.
According to Sportradar, he oversaw Lindblad’s global finance organization as well as its corporate development, information technology, and human resources functions.
Before his tenure at Lindbald, he also served in senior leadership roles at Shutterstock and Discovery Communications.
“With Craig’s deep international experience and successful track record building finance organizations as a CFO at US listed public companies, I am confident that he will be a strong addition to our team,” added Koerl. “His track record of helping drive financial strategy and building shareholder value will be instrumental to our continued success.”
Felenstein will be replacing Ger Griffin as CFO and Koerl expressed his “deep gratitude” for Griffin’s “meaningful contributions” to the company.
Felenstein will be based in New York and start his new role on June 1.
Sportradar adds Oddin.gg to list of partners
Last month Sportradar continued the expansion of its list of partners with the addition of esports betting services provider Oddin.gg.
As part of the deal, Sportradar will offer audiovisual streaming of Oddin’s esports content to its network of operators and also provide data to operators for Oddin competitions.
Oddin holds the official rights to high-profile competitions, including for the newly-released gaming title Counter-Strike 2 and it is hosting the first major competition for the game, PGL Copenhagen Major 2024, with Sportradar distributing data to sportsbooks through Oddin’s streaming product.
