Reorganizes the management team

2019-12-03

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To adapt the organization for further expansion, Enlabs reorganizes the management team. George Ustinov is appointed COO, chief operating officer, and vice president at the same time as Adam Jonsson is appointed new CFO, chief financial officer. This is done as part of a larger reorganization to further increase efficiency in the company.

George Ustinov, who has been employed since 2017 and CFO since 2018, will be given operational responsibility for the Group as a result of his new role as COO. With his experience from the industry and financial expertise, Ustinov will oversee the operational work in Enlabs’ main markets but also lead the work on expanding geographically. Ustinov holds a bachelor's degree in economics and management from the University of Latvia.

Adam Jonsson takes over the position as CFO after being employed since the beginning of 2018 as Controller and also Head of Investor Relations. Prior to Enlabs, Jonsson worked for three years at the PwC audit firm. Responsibility for investor relations remains with Jonsson who now takes a natural step into the role of CFO after working close to Ustinov over the past year. Jonsson holds a bachelor's degree in economics and management from Lander University, USA.

“George has done a very good job as CFO and has gradually become more involved in the operational work. As we now prepare for the next growth phase, I want George to be able to dedicate full time to developing the operational business as COO and deputy CEO. Adam has been responsible for many of the financial parts already and has been part of the management team for the past year as responsible for investor relations matters, so it feels natural that he assumes the CFO role.” Says group president and CEO Robert Andersson.

 

For more information, please contact:

Enlabs AB

Robert Andersson, CEO

[email protected] / +371 2 7327810

Adam Jonsson, CFO

[email protected] / +46 738200058

 

About ENLABS

ENLABS stands for Entertainment Laboratories. We are a company that creates entertainment through innovative thinking within three business areas: Gaming, Media and Solutions. The corporate group has offices in Tallinn, Riga, Vilnius, Malta, Marbella and Stockholm. The operating subsidiaries hold national licenses for their operations and the Group employs approximately 200 employees. Enlabs AB (NLAB) is listed at Nasdaq First North Growth Market with Redeye AB as Certified Adviser: [email protected], +46 (0)8 121 576 90.  

For more information, visit enlabs.se

This information was submitted for publication on December 3 at 2019. 20.30 CET.

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