The global leader in lead generation for companies within the casino and sports betting vertical, Catena Media, has announced that its current chief financial officer, Peter Messner, plans to leave his position at the company.
Details about the latest announcement emerged on Wednesday, and according to Catena Media, Messner is expected to exit his current position within the next six months. Meanwhile, the company confirmed that it has already started the process of recruiting a new chief financial officer.
Michael Daly, CEO of Catena, explained that amidst its growing presence in the North American market, the company has recognized that it needs to transition to a new financial leader. Still, the CEO praised Messner for his dedication and hard work that helped the company significantly. Finally, Daly thanked Messner for his tireless efforts and leadership.
“Given our closer focus on the North American market, we agree that the time is right to transition our financial leadership. Peter has contributed enormously to our recent successes, and we sincerely thank him for his efforts,” said Michael Daly , CEO of Catena Media.
It has not yet been confirmed who will fill Messner’s position. Still, Catena confirmed that, within six months, he will step down to pursue a career outside of the casino and sports betting industry.
The announcement comes in the midst of another important move within the financial vertical completed by the company recently. In early January, Catena joined forces with Carnegie Investment Bank AB. Under the terms of the agreement, Carnegie will act as a financial advisor to the company.
Catena Media released fourth quarter results
Catena recently released its preliminary Q4 2022 results, reporting strong growth in North America. That was no surprise, considering the region is a huge focus for the company. Judging by the results, the company’s revenue in the region increased to $16.4 million, an increase of 31%.