Johan Svensson named permanent CEO at Raketech

The Co-Founder took on the role of Acting CEO back in January.

Johan Svensson named permanent CEO at Raketech

Affiliate Raketech has confirmed that Johan Svensson will be the company’s permanent CEO, effective May 16 2024.

Towards the start of the year, then-CEO Oskar Mühlbach and the Raketech Board of Directors mutually agreed that Mühlbach would be stepping down from his role due to differing views on the company’s strategic direction.

It was also confirmed at the time that Svensson would assume the role of Acting CEO until a permanent replacement was appointed. However, it is now confirmed that Svensson is the new permanent CEO, a position he previously served until 2017.

After his first stint as CEO, the Co-Founder took on the role of Chief Commercial Officer (CCO) overseeing partnerships, mergers and acquisitions, and business integrations.

Raketech Chairman Ulrik Bengtsson said: “We are excited to officially name Johan as our permanent CEO.

“His deep connection and commitment to Raketech and proven leadership abilities make him the ideal choice to steer the company into its next phase of growth.”

Svensson himself added: “I am excited to return to the role of CEO at Raketech. I look forward to working with our talented team to build on our strong foundation and drive further innovation and growth.

“Our focus will remain on delivering exceptional value to our customers, employees, and shareholders.”

In other personnel news, David Bollesen has departed from his role as Chief Technology Officer (CTO) at Ainsworth Game Technology (AGT) by mutual consent and with immediate effect.

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