Swedish provider of online gaming content NetEnt today announced that it has appointed Therese Hillman as the company’s new Chief Financial Officer. Ms. Hillman will replace Maria Hedengren, who announced that she would leave the post earlier this year. NetEnt’s new CFO will assume her new role on January 9, 2017.
Ms. Hillman has been CEO of e-commerce sports nutrition company Gymgrossisten Sweden AB for the past five years. Prior to that she worked as CFO and COO at that same company. Since joining the Swedish group, it has been her responsibility to establish and optimize its day-to-day operations. As Gymgrossisten’s CFO, she was fully in charge of the company’s Finance and Accounting Department.
Here it is also important to note that Ms. Hillman also has experience in the iGaming industry. She has been member of online gambling operator Unibet Group plc’s Board since May 2015. She is also member of the iGaming company’s Audit Committee.
Commenting on the latest appointment, NetEnt CEO Per Eriksson said in a statement from earlier today that he is very pleased to welcome Ms. Hillman to the Swedish iGaming provider. Mr. Eriksson added that her experience as a CFO and later on CEO of Gymgrossisten will certainly turn her into an important asset to the company’s senior management team.
It was in June when Maria Hedengren, the current NetEnt CFO, announced that she would leave her post. Ms. Hedengren has spent the past five years at the company. According to a press release posted by NetEnt in June, she has decided to leave the Swedish iGaming supplier so as to assume the same role in another company.
NetEnt is currently one of the leading providers of diverse products for the international online gambling industry. The company has registered a rapid and stable growth over the past several quarters. During the three months ended June 30, 2016, it generated revenue of SEK352.1 million, up 29.8% from the prior-year period. Operating profit totaled SEK122.4 million, reflecting a 32.1% increase from the second quarter of 2015. Operating margin stood at 34.8%. NetEnt will post its report for the quarter and nine months ended September 30, 2016 on October 21.
