CEO Patrik Hofbauer to Depart Svenska Spel After Five Successful Years

Acknowledging Hofbauer’s Contributions

Erik Strand, Chairman of the Board at Svenska Spel, recognized Patrik Hofbauer’s substantial contributions during his tenure. Hofbauer’s substantial knowledge, dedication, and exceptional leadership skills have successfully guided Svenska Spel through a period of significant changes.

Under his leadership, Svenska Spel has evolved into a modern company that delivers sustainable gaming experiences. Hofbauer played a crucial role in navigating Svenska Spel through the regulatory changes in the gaming market in 2019. With the support of the board and his team, he established a clear vision and strategy for the future. Strand expressed his warm and heartfelt thanks to Hofbauer for his invaluable contributions to Svenska Spel.

Hofbauer’s Reflection

Patrik Hofbauer shared his thoughts on his departure, acknowledging the privilege of leading Svenska Spel over the past few years. He described it as a fantastic journey, highlighting the close relationships with customers, partners, and especially the dedicated employees. While it was a difficult decision to transition to a new role or leave a company he deeply appreciates, he expressed his confidence in Svenska Spel’s strong culture, clear values, and highly committed employees and leaders. He believes that Svenska Spel is well-positioned to continue delivering value to its customers, Sweden, and the Swedish sports movement.

Patrik Hofbauer is set to assume his new role as CEO and Group CEO of Telia Company on February 1, 2024. His departure from Svenska Spel will take effect on January 31, 2024. Svenska Spel’s board has initiated the process of recruiting a new CEO and Group CEO.

Patrik Hofbauer’s departure from Svenska Spel marks the end of a successful era under his leadership, and his future role at Telia Company signifies a new chapter in his career.