During her three years at Rivalry, Tersigni contributed to the company’s impressive growth as it prepares for another successful year. The former Director of Product’s time with the operator was a significant boon to her career, seeing her reach new professional heights. Tersigni did not share any specific plans going forward but used the opportunity to thank her colleagues, expressing confidence in Rivalry’s enduring success.

Rivalry Benefited from Tersigni’s Diverse Expertise

Amanda Tersigni commenced her journey with Rivalry in December 2020, initially joining as a Product Manager. Before her stint with the esports betting operator, she held significant product-focused positions across Toronto. Notable among these were roles at Achievers, a software development firm, where she worked as a Senior Technical Product Manager, helping deliver sustainable, data-driven business results.

Her other notable experience includes positions in UpHabit, Yulio Technologies, and Pixel Tours, businesses centered around innovative design and emerging technologies. Such diverse expertise was the perfect launching point for her career at Rivalry, allowing her to fully immerse herself in a new and exciting industry where she could further hone her skills.

The journey at Rivalry.com was filled with amazing growth and challenges that helped me evolve, both personally and professionally in ways that I never could have anticipated.

Amanda Tersigni

Demonstrating her proficiency and commitment, Tersigni rapidly ascended within Rivalry’s ranks. By December 2021, she had risen to Senior Product Manager. This ascent continued as she assumed the role of Director of Product in June 2023, signifying her growing influence and leadership within the organization. Her contributions helped propel Rivalry during the company’s most successful period.

The Company Is Well-Positioned for Further Growth

Despite not disclosing her next career move, Tersigni announced her departure from Rivalry, showing gratitude for her personal and professional growth and evolution during her tenure. In her LinkedIn post, she reflected on her exciting time with the company, expressing confidence in Rivalry’s team and foreseeing remarkable achievements in the coming years.

The operator had a stellar 2023, achieving several milestone successes. November saw the company secure a CAD 14 million (roughly $10.23 million) investment for an undisclosed existing institutional shareholder, intended to fund general working capital and corporate purposes. This boost should further bolster Rivalry’s impressive momentum, helping secure its market position amidst growing competition.

The departure of Amanda Tersigni marks a transition for both her and Rivalry, underlining a period of evolution and development for the organization. Her impactful contributions and leadership will undoubtedly resonate with the company’s future endeavors as it maintains its focus on customer engagement and satisfaction via exciting new developments.

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Swedish state-owned gambling company Svenska Spel announced that it will be parting ways with Patrik Hofbauer, who is set to explore new opportunities. Hofbauer, currently serving as the operator’s president and chief executive, believes that the gambling company is in a good position to continue without him.

The outgoing CEO joined Svenska Spel back in December 2018. He will officially depart from his position on January 31, 2024, to sit at the helm of Telia Company, a Swedish telecommunications juggernaut.

Svenska Spel noted that it’s already on the lookout for a suitable successor.

As CEO of Telia, Hofbauer will depart from the gambling sector he has served for five years. Prior to joining the state-owned operator, the outgoing CEO served as the CEO of the Norwegian majority state-owned multinational telecommunications company Telenor.

Before that, Hofbauer had stints as CEO of Telenor Broadcast and CEO of Clear Channel. An experienced individual, Hofbauer is also a member of several companies’ boards of directors. This lineup includes Clas Ohlson, NHST Media Group, Svenskt Näringsliv and Presto Holding.

The Decision to Leave Svenska Spel Was Difficult

Hofbauer commented on his new position, sharing that his time with Svenska Spel has been a “fantastic journey.” He said that the decision to depart did not come easily.

While melancholic about his departure, Hofbouer believes that Svenska Spel is in good hands and poised for further success. He praised the company’s robust corporate culture and values, saying that the operator will continue to deliver results.

Erik Strand, Svenska Spel’s chairman, also commented on the matter, praising Hofbouer for his hard work as CEO and the multiple changes he delivered. Thanks to the outgoing executive, the company now sports a modernized approach and a commitment to sustainable practices.

Strand also thanked Hofbouer for navigating the company through the reregulation of the Swedish gaming market in 2019 and setting a clear agenda for the company. The chair concluded that Hofbouer truly made a difference.

Svenska Spel is set to report its Q3 earnings later this month.

Hofbauer Is Excited about His New Position

Hofbauer also released a statement on his new position at Telia Company. He said that he is honored to have been appointed as the telecommunications giant’s next president and CEO and is looking forward to further developing the company.

While I have most recently been working outside telecoms, I have followed recent industry developments with great interest, and I am ready to continue executing on Telia’s strategy and move forward with its digital transformation program.

Patrik Hofbauer

Hofbauer will officially step into the office on February 1, 2024.

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