Following the announcement of the process to initiate a split of MTG into two companies, MTG and Nordic Entertainment Group, MTG has appointed new leadership team members for the new MTG.
The new MTG (Modern Times Group MTG AB) will comprise MTG’s current esports (ESL, DreamHack and ESEA), online gaming (InnoGames and Kongregate) and digital video content (Zoomin.TV, Engage Digital Partners) operations, as well as other minority holdings (Comosa AG and BITKRAFT). MTG will be well funded and will focus on developing and expanding its portfolio of hyper growth global digital companies through a flexible buy and build strategy, which will be centred around key digital entertainment verticals.
The two new leadership appointments for the new MTG are:
As previously announced, Jørgen Madsen Lindemann will be President and CEO of the new MTG and Maria Redin will be CFO. Additional new leadership appointments will be announced in due course.
Lindemann commented: “Peter Nørrelund and Johan Levinsson have both played key roles in building MTG’s position as a leading global digital entertainer. Their experience and passion will be instrumental as we develop and expand our portfolio of hyper growth global companies in esports, online gaming and digital video content.”