Gustaf Hagman steps down as LeoVegas CEO
Summary
Gustaf Hagman, founder and CEO of LeoVegas, has stepped down after 14 years. Deputy CEO Mattias Wedar, who has been with the company since its inception, will take over the role. Under Hagman’s leadership, LeoVegas expanded significantly, and the company was acquired by MGM Resorts in 2022.
Key Points
- Hagman co-founded LeoVegas in 2011 and has been instrumental in its growth.
- The company was acquired by MGM Resorts for $607 million in 2022.
- Mattias Wedar, who has been Deputy CEO, will take over as CEO.
- Wedar has a strong background in technology and product, enhancing LeoVegas’s innovative edge.
- Hagman reflected on the challenges and achievements during his tenure, particularly in mobile gaming.
Why should I read this?
This article covers a significant shift in leadership at LeoVegas, a key player in the gaming industry. Understanding this change is crucial for stakeholders, investors, and enthusiasts who want to keep up with the latest trends and leadership dynamics in the iGaming sector.
