Craig Felenstein Appointed CFO of Sportradar
Sportradar Group AG, a key player in the sports technology market, has officially announced that Craig Felenstein will be joining the company as the new Chief Financial Officer effective June 1, 2024.
Background
Bringing nearly three decades of experience in senior finance and operations across various sectors, including media, entertainment, and digital content, Felenstein is well-equipped to drive Sportradar’s financial strategies.
At Lindblad Expeditions, Felenstein oversaw not only the finance organization but also corporate development, IT, and human resources, showcasing his capacity to integrate finance with broader operational goals. His role at Sportradar will encompass leading global finance, accounting, and investor relations, aiming to synergize these functions with the company’s long-term strategic initiatives.
Leadership Endorsements
Carsten Koerl, CEO of Sportradar, expressed his confidence in Felenstein, citing his “deep international experience and successful track record” as vital for the company’s futur and expressed deep gratitude towards Ger Griffin for his significant contribution to the company during a period of transformational growth.
“His track record of helping drive financial strategy and building shareholder value will be instrumental to our continued success,” Koerl stated, also acknowledging the contributions of Ger Griffin during his tenure at Sportradar.
Career Highlights
Prior to his achievements at Lindblad, Felenstein was a pivotal figure at Shutterstock as Senior Vice President of Investor Relations and Strategic Finance, where he managed all investment community interactions while leading financial planning and corporate development.
His extensive background also includes impactful roles at Discovery Communications and other major corporations like News Corporation and Viacom Inc., rounding out a portfolio that spans significant segments of the finance and media industries.
Future Aspirations and Company Growth
In his statement, Felenstein expressed enthusiasm about his new role, emphasizing Sportradar’s strong market position and growth potential.
“Sportradar has built an impressive leadership position in the rapidly growing global sports technology market… I am excited to work with Carsten and the entire Sportradar team, as well as the Board of Directors, to capitalize on the significant growth opportunities ahead and deliver additional value to our clients, partners, and shareholders.”