Andreas Ternstr m steps down as Scout Gaming Group CEO

Andreas Ternström has bowed out as Scout Gaming Group’s CEO after six years in the top job

Andreas Ternström has bowing out as Scout Gaming Group’s CEO after Captain Hicks years inward the teetotum job.

The Swedish man of affairs took o'er as Scout’s Chief Executive and President in 2016, but has at present decided to step shoot down out front of a “major reorganisation.”

Citing “headwinds,” Scout’s Chief Financial Officer and Ternström’s temporary replacement, Niklas Braathen, thanked the outgoing CEO for his service of process but said “it is seize for Andreas to leave behind the company.”

These headwinds potential concern to Scout’s financial performance, which has been negatively impacted by the war inwards Ukraine. For Q1, the company reported a 20% slump inward revenue from gaming operations.

“I need on behalf of the companion to render a bighearted appreciation to Andreas who has set in a very great consignment to creating Scout Gaming’s organisation and non to the lowest degree the product that Scout Gaming today possesses,” remarked Braathen.

“Headwinds get been blowing for a piece for the company, and a major reorganisation and translation of how the company’s operations are conducted is now in front of us. We feature therefore agreed that it is conquer for Andreas to lead the company.”

Ternström, meanwhile, verbalised gratitude towards his colleagues, especially those workings in Ukraine. He commented: “I would ilk to thank all partners, co-workers, gameboard and owners for this time.

“I would like to give a special thanks to all talented and courageous employees inward Ukraine who are valiantly working despite the war and II years of pandemic.

“I will remain as a shareholder and will follow closelipped to the company. I desire that I also in the hereafter tin be of utilise for the companionship and its development.”