Emil Sunvisson leaves Cherry CEO position

Sunvisson has vacated his role as CEO of operator Cherry as part of a senior management reshuffle at the Swedish company.

Sunvisson had served as CEO since 2011 and had been a member of the board for eight years.

He will remain with Cherry as an advisor in a number of strategic areas.

Cherry non-executive chairman Rolf Akerlind said: "I would like to extend our appreciation to Emil Sunvisson for his time as CEO. Emil has played a critical role in turning Cherry into a gaming company that is well-positioned for the future.”

Fredrik Burvall will take up the role of acting CEO after previously serving as vice president and CFO, while Morten Klein has been appointed to the new role of business development and partnerships.

“Cherry's long-term strategy is generating continued growth in online gaming, both through organic growth and acquisitions, with the goal of reaching profitability in this area as soon as possible,” Akerlind said.

“This means that the duties of the management team in Stockholm have changed.”