With comings and goings commonplace across the industry Digitain, Octopay, Catena Media and Tekkorp have moved to bolster their teams with key hires.
Ralitsa Georgieva has been named Octoplay’s Director of Business Development, where she will play a “pivotal role” in the growth of the firm in regulated markets.
Previously working with Octoplay’s CEO, Carl Ejlertsson, at Red Tiger, the company noted that her “in-depth understanding” of operator requirements and expectations make her an “invaluable asset” to the team.
Georgieva noted: “Octoplay is making a significant impact in the industry, and I am excited to join the team at such an exciting time. I am also looking forward to reuniting with Carl and Nick Vuchev, with whom I had great success at Red Tiger.”
Ejlertsson added: “Ralitsa is an incredibly talented and knowledgeable individual, and we are thrilled to have her on the team. She is well-connected in the industry and has a deep understanding of what we are striving to achieve at Octoplay.”
Octoplay recently launched Penguin King, its second in-house studio, which will develop cash games. The studio will complement Super Hippo under the company umbrella by producing unique titles using its own technology that are distributed on its proprietary remote games server.
Digitain has appointed Iain Hutchison as its Chief Revenue Officer, who will be responsible for leading the company’s revenue growth strategy.
Furthermore, Hutchison will also aim to expand Digitain’s global reach and drive its success throughout various markets in the igaming sector.
“We are thrilled to welcome Iain to the Digitain team. His expertise will be invaluable as we continue to grow our business and expand our reach globally,” said Vardges Vardanyan, Founder of Digitain.
“Iain’s track record speaks for itself and we are confident that his leadership and vision will help drive Digitain to even greater heights.”
Huchison brings with him over 20 years of experience in building and scaling technology start-ups in sports-betting, digital marketing, live trading and sports-betting affiliates.
His appointment comes at a “pivotal time” for Digitain as the company continues to expand its offerings and explore new opportunities in the igaming industry.
Catena Media has confirmed that its current Chief Financial Officer, Peter Messner, will be stepping down from his role.
The firm also revealed that a process for recruiting Messner’s replacement will be “initiated” with the handover set to take place within the next six months, with Messner looking to pursue a career outside the sports betting and casino industry.
CEO of Catena Media, Michael Daly, commented: “Given our closer focus on the North American market, we have agreed that this is the right time to make a transition in our financial leadership. Peter has contributed hugely to our recent successes, and we thank him sincerely for his efforts.”
Former William Hill US Chief Financial Officer, Mark McMillian, has joined Tekkorp Capital’s advisory team as a partner.
Bringing with him over 20 years of experience in corporate finance and strategy, McMillion joined William Hill in its M&A department before becoming its CFO for the gambling firm’s US business, overseeing its transaction through the repeal of PASPA and its eventual sale to Caesars Entertainment.
“I’m thrilled to be joining Tekkorp Capital,” said McMillan. “As part of a multi-faceted team, I will assist my fellow partners in delivering strategic and value-additive solutions for our clients at this exciting time for the igaming sector.
“Tekkorp has expanded rapidly and I am excited to be a part of its development.”
McMillan joins a team that includes Crispin Nieboer, former William Hill Online MD; Andy Clerkson, US media and gaming specialist; and Steve Schrier, ex-CCO of SG Digital.
Elsewhere, President Robin Chhabra has been promoted to CEO of the group, with Matt Davey moving to the Chairman role.
“We’re delighted to have added another Tekkorp Capital partner as well-respected as Mark,” Chhabra added. “Collectively, our team has led many business transformations, as well as executing a number of the most significant merger and acquisition transactions in the sector.
“Our combined history as hands-on operators represents our core strength and differentiator, allowing us to solve our clients’ critical strategic issues and help them create value.”
“Tekkorp Capital has grown rapidly over the last couple of years,” concluded Davey. “Robin Chhabra has done an incredible job in not only building the team but also setting the standard for M&A across the industry.
“I couldn’t be more pleased to have Mark join our world-class team.”