Göran Blomberg has been chosen as Catena Media’s interim CEO, taking over from Per Hellberg, who as of today has stepped down from his post.
Since May 2019, Blomberg has served as a member of the board of directors of Catena Media, having also held the position of chairman since May 2020. Öystein Engebretsen will serve as the acting Chairman of the Board during his term as CEO.
Since October 2018, Engebretsen has been a member of the board of Catena and is currently the Investment Manager of Investment AB Öresund and a member of the board of INSR Insurance Group ASA and Scandi Standard AB.
Engebretsen said: “We are pleased to appoint Göran Blomberg as the new interim CEO of Catena Media.
“Göran Blomberg has solid experience and brings more than 30 years of managerial experience to the role in a public listed environment. This makes him a good fit with Catena Media for the transition period.
“The board also wants to take this opportunity to thank Per Hellberg for his time with Catena Media.”
During his career, Blomberg has gained more than 30 years of management experience, having previously worked as Chief Financial Officer and Member of the Board of ICA Handlarnas Förbund.
Looking at his position as interim CEO, Blomberg said that organic growth and future strategic acquisitions would be a new priority for Catena Media. In a quote, he praised the successful entry of the company into the US and Japanese markets, having already ‘developed the highly profitable AskGamblers product within the European market.’
Blomberg added: “Subsequently strengthening the company’s financial position through a successfully executed rights issue of a hybrid bond in June, we will now refocus on organic growth and potential strategic acquisitions.
“Additionally, we will improve operational efficiency through an enhanced focus on BI and AI to create an even more scalable business solution. McKinsey & Company has just been engaged to further accelerate this transformation process.”
To lead through transformation
As the organization seeks a candidate to ‘lead Catena Media through this transformation process’ as it pursues new growth opportunities, the search for a permanent CEO, the Board of Directors explained, is currently underway.
Engebretsen concluded: “To execute and lead Catena Media through this transformation process The Board has commenced the search for a new CEO with relevant professional experiences and a track record of success to facilitate Catena Media’s shift into an even more profitable growth phase.”