25.04.2024 14:00:05 - dpa-AFX: GNW-Adhoc: Sportradar Appoints Craig Felenstein as Chief Financial Officer
ST. GALLEN, Switzerland, April 25, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG
(NASDAQ: SRAD)("Sportradar" or the "Company") today announced that Craig
Felenstein has been named Chief Financial Officer of the Company, effective June
1, 2024. Felenstein joins the Company from Lindblad Expeditions (NASDAQ: LIND)
where he most recently served as Chief Financial Officer. He will report
directly to Sportradar Chief Executive Officer Carsten Koerl.
Felenstein brings nearly 30 years of senior finance and operating experience for
US publicly listed companies across the media, entertainment, experiential and
digital content industries to his new position at Sportradar. Most recently,
Felenstein served as Chief Financial Officer at Lindblad Expeditions, a global
leader in expedition cruises and adventure travel, where he oversaw the
company's global finance organization, as well their corporate development,
information technology and human resources functions. In his role as
Sportradar's Chief Financial Officer, Felenstein will lead the company's global
finance, accounting and investor relations functions. Felenstein has a unique
blend of financial rigor and operational insight and will partner with the rest
of the executive leadership team to advance the company's key strategic
initiatives and grow the business while maintaining strong relationships with
the investment community. He will be based in New York.
Carsten Koerl, CEO, Sportradar said: "With Craig's deep international experience
and successful track record building finance organizations as a CFO at US listed
public companies, I am confident that he will be a strong addition to our team.
His track record of helping drive financial strategy and building shareholder
value will be instrumental to our continued success. We want to express our deep
gratitude to Ger Griffin for his meaningful contributions to Sportradar during a
transformational growth period for our Company."
Prior to his tenure at Lindblad, Felenstein served as Senior Vice President of
Investor Relations and Strategic Finance at Shutterstock where he oversaw all
interaction with the investment community while leading the financial planning
and analysis and corporate development functions. Prior to Shutterstock, he
served in various management roles at Discovery Communications, LLC, including
Executive Vice President of Investor Relations. At the same time, he was a
member of the executive team for several of Discovery's businesses including
serving as the Chief Financial Officer of Digital, Chief Financial Officer of US
Network Revenue and Chief Financial Officer of Animal Planet. Prior to
Discovery Communications, he held senior positions at News Corporation, Viacom
Inc., and Arthur Andersen & Co.
Felenstein said: "Sportradar has built an impressive leadership position in the
rapidly growing global sports technology market and the Company is ideally
situated to deliver sustained growth given their strong content portfolio,
unmatched product offerings and commitment to industry innovation. 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."
About Sportradar
Sportradar Group AG (NASDAQ: SRAD), founded in 2001, is a leading global sports
technology company creating immersive experiences for sports fans and bettors.
Positioned at the intersection of the sports, media and betting industries, the
company provides sports federations, news media, consumer platforms and sports
betting operators with a best-in-class range of solutions to help grow their
business. As the trusted partner of organizations like the ATP, NBA, NHL, MLB,
NASCAR, UEFA, FIFA and Bundesliga, Sportradar covers close to a million events
annually across all major sports. With deep industry relationships and
expertise, Sportradar is not just redefining the sports fan experience, it also
safeguards sports through its Integrity Services division and advocacy for an
integrity-driven environment for all involved.
For more information about Sportradar, please visit www.sportradar.com
(http://www.sportradar.com/)
Sportradar Contacts
Press Contact:
Sandra Lee
press@sportradar.com (mailto:press@sportradar.com)
Investor Relations Contact:
Jim Bombassei
Investor.relations@sportradar.com (mailto:Investor.relations@sportradar.com)
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