Affiliate network operator, Catena Media Plc has announced the departure of CEO Robert Andersson with immediate effect, bringing to an end Andersson’s two and half years tenure as CEO of the affiliate heavyweight.
Catena Media have confirmed that Robert Andersson will be paid an amount equal to six months pay and an additional amount in a severance payment. The company have also announced the appointment of Henrik Persson Ekdahl, a current Catena board member as acting CEO.
Ekdahl has previously served as CEO of several companies, including Betsafe and the Betsson Group and will be tasked with continuing Catena Media’s upward financial growth and acquisitive focus.
In a statement Kathryn Moore Baker, Chairwoman of Catena Media, commented: "Catena Media has been through several growth stages in a short period of time. Robert Andersson’s assignment was to take the company through an IPO and later to introduce it to Nasdaq Stockholm’s main market, which he did with great results.
“Now, a new phase starts, which marks a new era in Catena Media's success going forward. We are very pleased that Henrik Persson Ekdahl will take over as acting CEO. It sets the tone for what we want to achieve in the future. We will continue with our strong growth strategy and look for a permanent CEO in due time."