Mr Green CEO Pawlo to stand down next year

19 December 2014

Scandinavian online casino operator Mr Green has confirmed that Mikael Pawlo is to stand down as chief executive of the company in June of next year.

Pawlo, a member of the founding trio of Mr Green, has served as chief executive of the listed holding company since April 2013 and will stand down in June 2015.

The company’s nomination committee has also proposed that Pawlo become a new member of the firm’s board.

“It has been an incredible journey to be part of establishing Mr Green as a secure and entertaining alternative in the European gaming market,” Pawlo said.

“We have evolved from an idea in a Word document in autumn 2007 to today having a group with 145 employees and a game win for the third quarter of SEK484.2 million (€51.1 million/$62.7 million).

“The group is now entering a new phase and the foundation has been laid for continued, rapid profitable growth and it is time for someone else to take over.”

Tommy Trollborg, board chairman at Mr Green, added: “I cannot emphasise enough the importance of Mikael Pawlo to the success of Mr Green online casino.

“Under his leadership, we have created a casino experience that we believe is in a class of its own.

“For this reason, I am delighted that the company can be assured of Mikael Pawlo’s expertise through the proposal to elect him as a new board member.”

Related article: Mr Green reports ongoing growth in third quarter