Superbet seeks new Romania CEO following Ardeleanu exit

first_img Share StumbleUpon Blackstone reviews CIRSA options as pandemic wipes out IPO potential June 2, 2020 Superbet doubles down on Lucky7’s challenger investment  July 27, 2020 Related Articles Superbet highlights integrity commitment with IBIA membership July 9, 2020 Share Submit Superbet is looking for a new Chief Executive in its home market of Romania after confirming the departure of incumbent Vlad Ardeleanu from the betting group’s executive leadership team.This weekend, Romanian business news sources reported that Ardeleanu had chosen to end his five-year tenure leading Superbet’s home market initiatives.Confirming his exit, Ardeleanu stated that he had chosen not to participate in Superbet’s next phase of growth, and would instead be pursuing entrepreneurial challenges.A key company executive, Ardeleanu – former General Manager of Carrefour Romania – was personally hired by company founder Sacha Dragic in 2015, and tasked with leading an expansion of Superbet’s retail footprint within Romania.“We have achieved remarkable successes,” said Ardeleanu. “The company has grown five times, generating a turnover of 2.8 billion euros in 2019, and is now one of the top ten biggest Romanian companies.”Hitting peak capacity in its home market, in 2019 US private equity fund Blackstone Group invested €175 million in SuperBet, funding the firm’s ambitions to become the leading CEE markets betting operator.SuperBet’s next stage of growth is being led by new Group CEO Johnny Hartnett, the former international business lead of Flutter Entertainment.Hartnett joined Superbet at the start of the year, replacing Sacha Dragic as group leader, who took control of company governance as the firm’s Executive Chairman.last_img read more