Bragg Gaming Group Announces CFO Ronen Kannor’s Resignation
Bragg Gaming Group Inc., a prominent B2B gaming technology and content provider, has disclosed that Ronen Kannor, the company’s Chief Financial Officer (CFO), will be stepping down from his role on June 3, 2024, to explore new career opportunities. The company has initiated the process to find Kannor’s successor, ensuring a seamless transition in its financial leadership.
A Legacy of Growth and Expansion
During his four-year tenure, Kannor played a crucial role in Bragg Gaming Group’s strategic growth, contributing significantly to the company’s major milestones. Under his financial stewardship, Bragg achieved significant achievements, including its uplisting to the Toronto Stock Exchange, dual listing on the NASDAQ, and the successful completion of two strategic acquisitions. These milestones underscored consecutive years of revenue, gross profit, and adjusted EBITDA growth, highlighting Kannor’s impactful contribution to Bragg’s financial health and market positioning.
Matevž Mazij, Bragg Gaming Group’s CEO and Chair of the Board, expressed gratitude for Kannor’s dedication and service, acknowledging his pivotal role in the company’s positive transformation. “Ronen has been an integral member of our leadership team, and we are grateful for his unwavering commitment to Bragg’s success. We wish him the very best in his future endeavors,” Mazij stated.
Reflecting on his journey with Bragg, Kannor shared his pride in being part of a team that consistently delivered growth amidst various challenges. He extended his gratitude to the Board for their support and expressed his commitment to facilitating a smooth transition to his successor. Kannor also acknowledged the hard work of his finance team, attributing the company’s financial achievements to their dedication and efforts.
Our Comment on the Article
Ronen Kannor’s resignation marks the end of a significant chapter in Bragg Gaming Group’s story, characterized by strategic growth and market expansion. As Bragg embarks on the search for a new CFO, the company’s focus on continuity and strategic vision remains paramount. Kannor’s contributions have set a high standard for financial leadership, laying a solid foundation for Bragg’s continued success in the competitive gaming industry. This transition period presents an opportunity for Bragg to not only find a successor who can build on Kannor’s legacy but also to further innovate and adapt in an ever-evolving market landscape.
