Leading online affiliate and content marketing specialist Raketech announced that Oskar Mühlbach will depart from his role as chief executive officer. The company cited strategic disagreements between Mühlbach and the board as the reason for this departure but pointed out that all parties agreed to this development.

According to Raketech’s announcement, Mühlbach had different views on the strategic direction of the company and agreed to depart. He has been with the company since December 2019.

In the meantime, Johan Svensson, Raketech co-founder, chief commercial officer and former board member, will take on the role of acting CEO until a permanent substitute has been hired.

Svensson, for reference, stepped down from the company board in October 2023, opting to instead focus solely on his CCO role. Svensson served as the CEO of the company until 2017 and has the experience necessary to serve as interim head of the company until a suitable successor has been appointed.

According to Raketech’s announcement, Svensson assumes the role of acting CEO with immediate effect. This leadership change comes almost a month after the appointment of Dalia Turner as the company’s chief people officer.

Chair Bengtsson Thanked Mühlbach for His Contributions

Ulrik Bengtsson, Raketech’s board chairman, commented on the matter, praising Mühlbach for his incredible service. Bengtsson applauded the outgoing CEO’s leadership qualities, saying that he led the company through an important strategic transformation and a growth journey.

As Mühlbach and the Board of Directors have different views on the strategic considerations for the Company going forward, we have agreed to part companies. The Board is confident in appointing the co-founder and former Board member Johan Svensson to lead the company until a new permanent CEO is in place.

Ulrik Bengtsson, chairman, Raketech

Bengtsson thanked Mühlbach for the company’s success over the past years.

Following this announcement, the company’s shares plummeted but Raketech reassured investors that the leadership change will not change its FY 2023 guidance. For reference, Raketech is trading for SEK 17.42 per share as of the time of this writing.

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Affiliate performance marketing specialist Raketech has announced a major new addition to its leadership team. As reported by the company, it welcomed the experienced Dalia Turner as its new chief people officer.

Turner started her term as Raketech’s CPO on December 5 and will leverage her experience and talent to support the global senior management team. In her new role, she will be responsible for strategic HR leadership across the affiliate’s global workforce. She will also be tasked with reinforcing the company culture and supporting Raketech’s growth.

The new appointee joins Raketech from Feedzai, a fraud-detection data science company. Her time with the latter saw her expand the company’s team from 300 to 600 employees.

Before her tenure at Feedzai, Turner worked for the global tech corporation Microsoft, spending time with the company in both Portugal and the APAC region. During her time with the tech giant, Turner was responsible for people strategy talent and performance management, leadership development and the organizational culture across multiple countries.

Turner’s time at Microsoft also saw her serve as the business partner of the regional commercial leadership team of 1500 people.

Raketech’s CEO Welcomed the New Hire on Board

Turner is the latest new addition to Raketech in a string of recent appointments. Before onboarding the new chief people officer, the company also unveiled new additions to its board of directors.

Oskar Mühlbach, Raketech’s chief executive officer, commented on the latest appointment, welcoming Turner to the company’s global senior management team. He praised her extensive international experience in Europe and beyond, saying that she would bring “valuable insights, know-how, networks and strategies” to the company.

I’m very much looking forward to working together with Dalia to ensure Raketech stays attractive to the best talents in the industry while keeping our entrepreneurial culture.

Oskar Mühlbach, CEO, Raketech

For reference, Raketech is a leading online affiliate and content marketing company that boasts significant experience in supplying comparison services for sports and gaming, online guides, communities, and social media products. The company’s goal is to guide sports and gambling aficionados to the services most suitable to their needs.

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