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Quickspin promotes COO to CEO as co-founder steps down

Playtech’s Quickspin has appointed a replacement for Co-Founder and former CEO Daniel Lindberg.

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Company veteran and current Chief Operating Officer (COO) Panagiotis Chryssovitsanos has been promoted to the top job.

He will take over effective immediately, replacing Lindberg, who had served as CEO since founding Quickspin alongside Mats Westerlund and Joachim Timmermans almost 11 years ago.

But Chryssovitsanos’ tenure at the company is nearly as long. Quickspin’s new CEO first joined in 2013 as Chief Technology Officer, a role he held until being promoted to COO in 2019.

Lindberg was proud of what Quickspin has achieved and expressed confidence in Chryssovitsanos, referring to him by the nickname Jotis.

“Nearly 11 years have passed since I founded Quickspin together with my friends Mats and Joachim, and I’m incredibly proud of what we’ve created over the years: the progress we’ve made in the industry, what we have achieved as a team and the company we have become,” he said.

“Handing over to Jotis feels like a natural progression in the development of Quickspin. I’ve always said I wouldn’t leave until all the fundamental pieces for future success are in place, and that time is now.”

Prior to joining Quickspin, Chryssovitsanos worked for IT Ledarna and before that, Avalanche Studios, a video game developer based in Sweden.

The appointee was excited to enter the next stage of his career and thanked Lindberg, commenting: “It’s a great honour to be given this opportunity and I’m humbled by the trust Daniel has put in me, because he’s truly been living and breathing Quickspin for 11 years now.

“I agree with Daniel on where we stand and what the future holds. Today, we’re a stronger and more knowledgeable company in every way – one that’s in control of its business and destiny.”

Lindberg will remain on board “for a while” to support Chryssovitsanos’ transition from COO to CEO.

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