B90 Holdings plc Announces Directorate Changes

B90 Holdings PLC announced that Ronny Breivik and Martin Fleisje are being appointed to the Board with effect from 7th November 2022. Ronny will be joining as an executive director, holding the title of Interim Executive Chairman. Ronny initially joined B90 as CEO of B90 Ventures Ltd, the main operating subsidiary of the Group in April 2021.

Ronny has worked in online gaming since 1997 and launched the first gaming portal in Norway. In the early 2000s, Ronny was involved in a start-up, OddsAlive.com, which was subsequently sold to BetInternet in 2003. From 2004 until 2006 Ronny worked with Sportingbet.com, while also taking on the role of Product Manager for Bet24.com, which was later sold to the Modern Times Group.

While at Bet24.com, Ronny introduced live betting and online poker to that company’s product portfolio, creating and honing a profitable business model for live betting and online poker. From 2006 until 2011, Ronny was the CEO of M&B Poker Invest Ltd, which specialised in betting affiliation. During this time, Ronny co-founded and was one of the pioneers of the world’s first ‘rakeback’ site, arguably disrupting the online poker world.

Since 2011, Ronny has held directorships in Data Empire Holdings Limited and Performance Media SIA Martin will be appointed as an independent non-executive Director. Martin is currently chief financial officer of Induct AS, a Norwegian software company. Prior to joining Induct AS, Martin spent the majority of his career in wealth management and sales most recently with Kraft Finans AS and Pioner Kapital AS, both based in Norway.

Karim Peer, Executive Chairman and Nigel Eastwood, non-executive Director are stepping down from the Board with immediate effect. Following the above changes, the Directors intend to review the composition of the Board, both at executive and non-executive level, including seeking to identify and recruit one or more additional independent Directors to further enhance the Board’s experience and expertise as B90 completes its turnaround and pursues its growth strategy. The Board looks forward to updating the market on progress in due course.

The Board wishes to thank Karim and Nigel for their contribution to the Group and wishes […]

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