Kambi Group plc

27 Sep 2022 - 05:00

Price

161.65 SEK

Change

6.60 SEK

rss-icon

+44 (0) 20 3617 7270
investor.relations@kambi.com

Corporate governance

Kambi Group plc is listed on First North Growth Market at Nasdaq Stockholm and is not required to follow all of the provisions of the Swedish Corporate Governance Code (the Code). The Board, however, recognises the importance and value of good corporate governance practice and accordingly, has selected those procedures and committees of the Code that it considers relevant and appropriate to the Group, given our size and structure.
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 and Lars Stugemo and is chaired by Cecilia de Leeuw.

The Nomination Committee – 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 Board. The Committee also prepares proposals regarding Board remuneration and fees to the Auditor. 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 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.

Group structure

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

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 Lime Technologies, Camfil AB, Lumera AB and Swedish Automobile Federation

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 sportsinformation 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 STG AS, Nobia AB, Lime Technologies AB, Addsecure AB and Index Pharmaceuticals AB

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 Tietoevry in 2018, Cecilia was with Ericsson AB where she held various senior leadership positions since 1995, most recently as VP 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: Vice President, Head of Industry Telecom and Consumer at Tietoevry

Holdings in Kambi Group plc: 1,100 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-Nylen

Kristian Nylén

Chief Executive Officer

Born: 1970

Nationality: Swedish

Employed by Kambi since 2010

Education: BSc. Business Administration, Studies in Mathematics and Statisitcs 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.

Erik-Logdberg

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 is now deputy CEO and leads on product and operational matters.

Erik Lögdberg holds 53,259 shares and 52,500 options in the Company.

David-Kenyon

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.

Wachtmeister Cecilia

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 102,484 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
Certified adviser

Redeye AB

Certifiedadviser@redeye.se

+46 (0)8 121 576 90

Mäster Samuelsgatan 42
Box 7141
103 87 Stockholm
Sweden
Tel: +46 8 545 013 30