Kambi Group plc
30 May 2023 - 05:00
Price
216.4 SEK
Change
-2.80 SEK
+44 (0) 20 3617 7270
investor.relations@kambi.com
Corporate governance
Committees
The Audit Committee is responsible for ensuring that the financial performance of the Group is accurately reported and monitored. In addition, it reviews the reports from the auditors relating to the accounts and internal control systems. It meets at least twice a year with the auditors. The Audit Committee is comprised of Marlene Forsell and Patrick Clase and is chaired by Marlene Forsell.
The Remuneration Committee – reviews the performance of the senior managers and sets and reviews the scale and structure of their remuneration, the basis of their remuneration and the terms of their service agreements with due regard to the interests of shareholders. The Remuneration Committee is comprised of Cecilia de Leeuw, Anders Ström and Lars Stugemo and is chaired by Cecilia de Leeuw.
A Nomination Committee is appointed each year by the major shareholders in accordance with the instruction for the Nomination Committee adopted by the Annual General Meeting of shareholders (AGM). The main responsibility of the Nomination Committee is to propose Board members for election at the AGM. The Nomination Committee, which is independent from the Board, is responsible for reviewing the size, structure and composition of the Board, succession planning, the appointment of replacement and/or additional directors, and for making the appropriate recommendations to the AGM. The Nomination Committee also prepares proposals regarding Chairman of the Meeting, Board remuneration, fees to the auditor and election of auditor, and, if necessary, proposal for changes in the instruction to the Nomination Committee. In its evaluation of the Board, the Committee holds individual interviews with the Board members. The members of the Nomination Committee shall represent all shareholders and be appointed by the three or four largest shareholders as at 30 September each year having expressed their willingness to participate in the Nomination Committee. Kambi’s Nomination Committee shall consist of not less than four, and not more than five members, of which one shall be the Chair of the Board.
The members for the 2023 Annual General Meeting are:
- Anders Ström, Veralda Investment Ltd (Chair)
- Lars Stugemo, Chair of the Board of Kambi Group plc
- Mathias Svensson, Keel Capital
- Jonas Eixmann, The Second Swedish National Pension Fund
Shareholders who would like to make proposals to the Nomination Committee may do so via e-mail to: nomination.committee@kambi.com.
Group structure
Board of directors
The Company’s Board of Directors consists of five members, including the Chair of the Board.
Lars Stugemo (Chair)
Member of the Remuneration Committee, Member of the Nomination Committee
Born: 1961
Education: MSc. in Electronics Engineering from KTH
Nationality: Swedish
Board member since: 2014 (incorporation)
Experience: Lars was a co-founder of HiQ International, an IT and management consultancy firm founded in 1995, where he served as the CEO and President until its recent divestment. Lars has been a member of the Swedish Royal Academy of Engineering Sciences since 2013.
Other assignments: Member of the Board of Camfil AB, Creades AB, Lime Technologies AB and Lumera AB
Holdings in Kambi Group plc: 34,485 shares
Independent of the company and the company management as defined by the Swedish Code
of Corporate Governance: Yes
Independent of major shareholders in the company as defined by the Swedish Code of Corporate Governance: Yes
Anders Ström
Chair of the Nomination Committee, Member of the Remuneration Committee
Born: 1970
Education: Studies in Mathematics, Statistics and Economics at Karlstad University
Nationality: Swedish
Board member since: 2014 (incorporation)
Experience: Anders is founder of the sports information company Trav-och Sporttjänsten in 1993. He was founder of Kindred Group plc in 1997, where he held various positions including Chief Executive Officer and Chair of the Board. Anders was co-founder of Kambi Sports Solutions in 2010, Chair of the Advisory Board of Kambi until May 2014 and then a Board member since Kambi’s listing in 2014.
Other assignments: Director of Veralda (FL) AG and Veralda Investment Limited
Holdings in Kambi Group plc:
6,078,188 shares
Independent of the company and the company management as defined by the Swedish Code of Corporate Governance: Yes
Independent of major shareholders in the company as defined by the Swedish Code of Corporate Governance: No
Patrick Clase
Member of the Audit Committee
Born: 1968
Education: BSc. in Economics from Lund University and a CEFA from the Stockholm School of Economics
Nationality: Swedish
Board member since: 2014 (incorporation)
Experience: Highly experienced in the financial markets, Patrick has worked, among other positions, as a financial analyst with ABG Sundal Collier and with Alfred Berg.
Other assignments: Chief Investment Officer and a Director of Veralda (FL) AG
Holdings in Kambi Group plc: 52,000 shares
Independent of the company and the company management as defined by the Swedish Code of Corporate Governance: Yes
Independent of major shareholders in the company as defined by the Swedish Code of Corporate Governance: No
Marlene Forsell
Chair of the Audit Committee
Born: 1976
Education: MSc. in Business Administration and Economics from Stockholm School of Economics
Nationality: Swedish
Board member since: 2018
Experience: Marlene recently served as Chief Financial Officer of Swedish Match, a global fast-moving consumer goods company within tobacco. Prior to becoming CFO, Marlene held various positions at Swedish Match, having previously worked as an analyst at Ernst & Young.
Other assignments: Member of the Board of Addsecure AB, Index Pharmaceuticals AB, Lime Technologies AB, Nobia AB and Scandinavian Tobacco Group AS
Holdings in Kambi Group plc: 3,450 shares
Independent of the company and the company management as defined by the Swedish Code of Corporate Governance: Yes
Independent of major shareholders in the company as defined by the Swedish Code of Corporate Governance: Yes
Cecilia de Leeuw
Chair of the Remuneration Committee
Born: 1968
Education: MSc. in Industrial Engineering and Management from Institute of Technology in Linköping
Nationality: Swedish
Board member since: 2019
Experience: Before joining C-RAD as CEO in December 2022, Cecilia was most recently with Tietoevry as Vice President, Head of Industry Telecom and Consumer since 2018. Before this, Cecilia was with Ericsson AB where she held various senior leadership positions, including VP of Sales in Canada for Ericsson North America. Cecilia has vast experience from complex system sales and global product management, including postings in Asia and North America.
Other assignments: Member of the Board of Net Insight AB
Holdings in Kambi Group plc: 1,400 shares
Independent: Yes
Independent of the company and the company management as defined by the Swedish Code of Corporate Governance: Yes
Independent of major shareholders in the company as defined by the Swedish Code of Corporate Governance: Yes
Executive Management
Kristian Nylén
Chief Executive Officer
Born: 1970
Nationality: Swedish
Employed by Kambi since 2010
Education: BSc. Business Administration, Studies in Mathematics and Statistics from the University of Karlstad
Kristian joined Unibet in 2000 and within three years had assumed responsibility for Unibet’s entire Sportsbook operation and joined the Group’s management team. Kristian became CEO of Kambi upon its formation in 2010 and leads on all commercial aspects of the business.
Kristian Nylén holds 742,500 shares and 77,500 options in the Company.
David Kenyon
Chief Financial Officer
Born: 1975
Nationality: British
Employed at Kambi since 2010
Education: MA. in Modern Languages from Oxford University
Having qualified at KPMG, David joined Unibet in 2002 as Group Financial Controller, working on Unibet’s NASDAQ OMX Stockholm listing. He then spent two years at the Capital Pub Company as CFO, where he floated the company on AIM, before moving back to Unibet in 2008. David has been CFO of Kambi, leading the financial and corporate functions, since its formation.
David Kenyon holds 49,676 shares and 52,500 options in the Company.
Erik Lögdberg
Chief Operating Officer
Born: 1979
Nationality: Swedish
Employed at Kambi since 2010
Education: MSc. Electrical Engineering From the Royal Institute of Technology (KTH)
Erik joined Unibet in 2005, quickly becoming head of live betting, with responsibilities including operations and product development. This period coincided with the growth in live betting and the formation of Kambi.
Erik Lögdberg holds 53,259 shares and 52,500 options in the Company.
Cecilia Wachtmeister
Chief Commercial Officer
Born: 1966
Nationality: Swedish
Employed by Kambi since 2019
Education: MSc. in Industrial Engineering and Management from the Institute of Technology in Linköping, Sweden
Nationality: Swedish
Cecilia joined the Kambi executive management team in 2019, where she took on responsibility for the Group’s Commercial, Marketing Communications, Strategy and Human Resources functions. Cecilia previously spent more than 20 years at Ericsson, during which time she held various senior and international positions in the company, gaining vast experience of long sales cycles in B2B.
Cecilia Wachtmeister holds 10,000 shares and 52,484 options in the Company.
David Carter
Chief Legal Officer
Born: 1979
Nationality: British
Employed by Kambi since 2022
Education: LLB from the University of Exeter
Achieving his LLB and LPC from the University of Exeter, David qualified at international law firm Olswang (now CMS Nabarro Olswang LLP) and was a member of the Media, Communications and Technology team from 2001 to 2010. Having headed up the legal team at Endemol Sport until 2012, he then joined iGaming operator Gamesys (now part of Bally’s Corporation) where he served as General Counsel until the end of 2020, advising on all material corporate and commercial transactions worldwide. Now Chief Legal Officer at Kambi, David leads the legal and regulatory function.
David Carter holds 0 shares and 15,000 options in the Company.
Auditors
Mazars Malta
Sovereign Building
Zaghfran Road 32
Attard ATD 9012
Malta
Tel: +356 21 34 57 60
Articles of association
Company description
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