Catena Media’s CEO Michael Daly steps down

Catena Media plc today announces that Michael Daly will step down as CEO, following careful consideration and consultation with the board.

Michael Daly's resignation takes immediate effect and Pierre Cadena VP Corporate Strategy, will assume the role of interim CEO. Michael Daly will remain available to Catena Media during a transition period. Catena Media intends to start the recruitment process for a new CEO immediately.

Göran Blomberg, Chairman of the Board of Directors, said: Under Michael Daly's leadership, Catena Media has become an active player in North America and with the actions taken during the strategic review, we have significantly reduced our debt and streamlined the organisation. With the company facing lower growth, we have started to implement a number of growth initiatives. As we embark on this crucial stage, we are seeking new leadership to drive these initiatives and move Catena Media into its next chapter.

Michael Daly has been with the company since 2018 and assumed the role as Catena Media’s CEO in March 2021.

Contact details for further information:

Göran Blomberg, Chairman of the Board of Directors, Catena Media plc
Email: [email protected]

Investor Relations
Email: [email protected]

This information is information that Catena Media plc is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons, on 26 February 2024 at 19:30 CET.

About Catena Media

Catena Media is a leader in generating high-value leads for operators of online casino and sports betting platforms. The group’s large portfolio of brands guides users to customer websites and enriches the experience of players worldwide. Headquartered in Malta, the group employs over 250 people globally. The share (CTM) is listed on Nasdaq Stockholm Mid Cap. For further information see catenamedia.com.