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After notifying the Kambi Group Nomination Committee, Lars Stugemo has decided to step down from his position as Chair of the Board of Directors, with Anders Ström appointed to take on the role.
A co-founder of Kambi Group, Stugemo held his position for close to a decade, however chose to step down as he did not want to be re-elected at the Kambi Annual General Meeting 2024. On his decision, Stugemo said, “both I and Kambi are fortunate that Kambi’s co-founder Anders Ström is also a member of the Board and is ready to immediately take over as Chair.”
“The Kambi journey has been remarkable, from early days serving a handful of partners to becoming a market leader with award-winning products and esteemed clients around the world. It has been an immense privilege and joy to work closely and intensively with Kambi, alongside an inspiring entrepreneur like Anders Ström.”
Having founded Kindred Group over 25 years ago in 1997 and co-founded Kambi in 2010, Ström is coming to the position with decades of experience in the industry and in the role of Chair. He has been a member of the Kambi Board since its formation and has called being appointed to the position an honour.
“I am honoured to have been asked by Kambi’s Board to become its Chair and look forward to leading the Board of a company which is showing real commercial momentum through recent partner signings and redefining what is possible in sports betting,” he said.
Due to being a current member of the Nomination Committee and the Board of Directors, Ström was not involved in the decision-making surrounding his nomination and appointment.
