Tobias Fagerlund has stepped down from his position as chief executive officer of Global Gaming effective immediately.
Board member Christian Rasmussen is gonna be the one to take his places temporarily and expected to handle the position “on a consultative basis”
This turn of events happen as the online gambling operator goes for a change in strategies where they’re shifting their leadership to come from Estonia and Malta.
Fagerlun was appointed as the CEO of Global Gaming in April 2019, following the resignation of Joacim Möller as the online gambling group was placed under investigation by Swedish regulator Spelinspektionen of “serious operating deficiencies”
Niklas Braathen, Chairman of the Board of Global Gaming, released the following statement: “It is my opinion that Tobias during his time as CEO led Global Gaming in a very meritorious way. Tobias has implemented a large package of restructuring measures and shown evidence of a strong and clear leadership that was absolutely necessary for the company. Tobias has, with great success, laid a good foundation for Global Gamin’s future operations.”
“Now, however, the company is facing a new phase and we have identified a number of measures necessary to further strengthen the company’s position. The CEO has worked from Stockholm, where he has been the company’s only employee, and there is a need for leadership to operate where our operating units are allocated, in Estonia and Malta”