After confirming the departure of incumbent Vlad Ardeleanu from the executive leadership team of the betting group, Superbet is looking for a new Chief Executive in its Romanian home market.
Romanian business media sources reported this weekend that Ardeleanu had decided to end his five-year tenure leading home-market initiatives for Superbet.
Confirming his departure, Ardeleanu confirmed that he had opted not to engage in the next growth phase of Superbet, but would seek business challenges instead.
In 2015, a key company executive, Ardeleanu , Carrefour Romania’s former general manager, was recruited directly by company founder Sacha Dragic to lead an expansion of Superbet’s Romanian retail footprint.
Ardeleanu: “We have achieved remarkable successes. The company has grown five times, generating a turnover of 2.8 billion euros in 2019, and is now one of the top ten biggest Romanian companies.”
Hitting peak capacity in its home market, Blackstone Group’s US private equity fund invested € 175 million in SuperBet in 2019, funding the company’s ambitions to become the leading betting operator on CEE markets.
The next stage of growth for SuperBet is being led by new Group CEO Johnny Hartnett, Flutter Entertainment’s former international business leader.
At the beginning of the year Hartnett joined Superbet, replacing Sacha Dragic as group leader who took control of corporate governance as the executive chairman of the firm.