MTG appoints new leadership team members
May 16, 2018
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:
- Peter Nørrelund, MTG EVP, Head of Product Development and Incubation, and Co-CEO of DreamHack. Peter Nørrelund takes up his new position at MTG from 1 July 2018, and his new position as DreamHack Co-CEO with immediate effect. At DreamHack, the global esports events and production company, Peter Nørrelund will work alongside the company’s current President and CEO Marcus Lindmark and will bring extensive experience from his previous engagement at ESL. Peter Nørrelund is currently EVP and CEO of MTG Sport and will continue to be an advisor to the President and CEO of Nordic Entertainment Group after the split, focusing on the company’s sports rights portfolio.
- Johan Levinsson, MTG Group General Counsel. JohanLevinsson is currently Head of Legal – M&A and Corporate Legal Affairs at MTG. He has extensive and relevant legal M&A experience and has been involved in MTG’s M&A activities since joining the company in February 2017. Johan Levinsson takes up his new position from July 1st.
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.”