Gaming technology and services provider GIG has announced a new CEO. The company said in a release that Richard Brown, who previously held the position of Chief Operating Officer of GiG would be its Chief Executive Officer effective today.
Brown joined GiG in February 2017 as Managing Director for GiG’s media business, and gradually progressed to Chief Digital Officer and subsequently took the position of Chief Operating Officer. He became an interim CEO replacing CEO and co-founder Robin Reed.
Commenting on the new responsibility, Richard Brown, Chief Executive Officer of GiG said: “I am delighted to accept the position of CEO for Gaming Innovation Group, having worked here for the past four years I see massive potential for the Company. While industry headwinds may have dampened progress in 2019, I am extremely excited about the future potential of the group and this new phase of the Company’s life cycle. My focus will be on delivery, execution and optimization, putting us on a path for great focus and renewed growth.
I would like to pass a special thanks to all the people within GiG past and present, who have been supportive of me and I am immensely proud of the work they are doing and the effort all the teams apply to their work. With their help, I am convinced that we will be successful in achieving our goal in providing value to our shareholders.”
Petter Nylander, GiG’s Chairman of the Board commented: “The Board is delighted to appoint Richard Brown as the CEO of GiG. He is the best person to drive the necessary changes and provide leadership as the company now enters the next phase of its development. The gambling industry is experiencing a challenging period of structural change.
However, it is still backed by fundamental strong underlying growth and we need to plan and position ourselves to be most relevant to our partners and end-users in order to benefit and accelerate our sustainable growth.”