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Sportradar names Craig Felenstein as CFO

Felenstein is set to take over the position on 1 June 2024.

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Sportradar Group has announced the appointment of Craig Felenstein as its Chief Financial Officer (CFO), effective 1 June 2024.

Felenstein, previously serving as CFO at Lindblad Expeditions, brings nearly three decades of senior finance and operational experience in US publicly listed companies to his new role.

In his new capacity at Sportradar, he will lead the company's global finance, accounting and investor relations activities. Felenstein's extensive background in financial strategy and operational management positions him to contribute significantly to Sportradar's key strategic initiatives.

Based in New York, Felenstein will report directly to Sportradar CEO Carsten Koerl – who, regarding Felenstein’s appointment, stated: “With Craig’s deep international experience and successful track record building finance organisations as a CFO at US-listed public companies, I am confident that he will be a strong addition to our team.

“His track record of helping drive financial strategy and building shareholder value will be instrumental to our continued success. We want to express our deep gratitude to Ger Griffin for his meaningful contributions to Sportradar during a transformational growth period for our company.”

Felenstein himself added: “Sportradar has built an impressive leadership position in the rapidly growing global sports technology market and the company is ideally situated to deliver sustained growth given their strong content portfolio, unmatched product offerings and commitment to industry innovation.

“I am excited to work with Carsten and the entire Sportradar team, as well as the Board of Directors, to capitalise on the significant growth opportunities ahead and deliver additional value to our clients, partners and shareholders.”

It’s been a busy period for Sportradar, who extended its partnership with the CBA League in China earlier this month.

The company also secured a supplier licence in North Carolina to mark its 56th licence, or equivalent, in North America.

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