Raketech confirm co-founder Svensson as permanent CEO

Man slides paper with CEO written on it into his suit jacket pocket
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Raketech has confirmed the appointment of co-founder Johan Svensson as its permanent Chief Executive Officer (CEO).

Svensson was appointed as Acting CEO in early 2024. He previously served as the company’s CEO until 2017 before transitioning to Chief Commercial Officer with a focus on direct responsibility for partnerships, mergers and acquisitions and business integrations.

“I am excited to return to the role of CEO at Raketech. I look forward to working with our talented team to build on our strong foundation and drive further innovation and growth. Our focus will remain on delivering exceptional value to our customers, employees, and shareholders,” commented Svensson.

The company says that he has a “profound understanding of the company’s vision and values” and his dedication to “strategic development, operational excellence, and team collaboration” has been vital during his interim role.

“We are excited to officially name Johan as our permanent CEO,” added Raketech Chairman Ulrik Bengtsson. “His deep connection and commitment to Raketech and proven leadership abilities make him the ideal choice to steer the company into its next phase of growth.”

New CEOs across the industry

There has been a flurry of new CEOs hired within the gaming industry.

In March, fellow affiliate group Catena Media announced the appointment of Manuel Stan as its new CEO following the departure of Michael Daly. Prior to joining Catena, Stan spent 16 years at Kindred Group where he played a major part in building the affiliate program of the operator.

“Manuel was the outstanding candidate for this position among the names considered and we are extremely pleased that he is joining us. He is a leader with proven leadership skills and wide-ranging experience within our industry,” said Catena Chairman of the Board of Directors Göran Blomberg at the time of the appointment.

More recently, iGaming supplier Relax Gaming promoted Martin Stålros to CEO from his current role as CPO to replace Simon Hammon, who described Stålros as his “natural replacement”.

Meanwhile, payment solutions provider Pavilion Payments brought on board Dan Connors as its new CEO. He has been tasked with driving Pavilion towards “continued growth, innovation, and partnership” alongside its clients.