Gaming Innovation Group (GiG) has announced how it intends to split its board of directors for the eventual separation of the business later this year.
GiG Media will continue to operate under GiG’s current corporate structure, with GiG serving as its listed holding company. GiG Platform, which is currently run as a subsidiary, will be spun off to shareholders later in 2024.
The company has confirmed that the majority of its current board members will be elected to the initial board of GiG Platform, with the exception of Karolina Pelc who has declined due to other commitments.
GiG Platforms’ board will include Petter Nylander as chairman along with Nicolas Adlercreutz, Mikael Riese Harstad, Hesam Yazdi, Tomasz Juroszek and Steve Salmon as ordinary board members.
GiG also confirmed that it has proposed its board to consist of five members with Mikael Riese Harstad and Hesam Yazdi to be re-elected. New members being proposed consist of Cristina Romero de Alba, M&A and regulatory gaming lawyer; Mateusz Juroszek, former STS CEO and Nicholas Batram, former group director of M&A and corporate development at Entain.
The Juroszek family, through investment vehicles, has been the largest GiG shareholder since July 2023. In total, the family owns around 15% of GiG shares.