{"id":274470,"date":"2023-05-23T03:18:37","date_gmt":"2023-05-23T08:18:37","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=274470"},"modified":"2023-05-23T12:50:10","modified_gmt":"2023-05-23T17:50:10","slug":"two-more-kindred-executive-annouce-resignations","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/two-more-kindred-executive-annouce-resignations\/","title":{"rendered":"Two More Kindred Executives Announce Resignations"},"content":{"rendered":"

Two high-level execs are stepping down from the gaming giant Kindred<\/a>. This comes just after the CEO and CGO resigned last week.<\/p>\n

\"Kindred
Kindred CMO Elen Barber in a company photo. She and CCO Anne-Jaap Snijders become the third and fourth executives to announce their departures from the company in just about a week. (Image: Kindred Group)<\/figcaption><\/figure>\n

The Sweden-based company announced this week that its chief marketing officer (CMO) and chief commercial officer (CCO) will be leaving the company. Kindred announced late last week that its CFO, Johan Wilsby, will step down later this year. CEO Henrik Tj\u00e4rnstr\u00f6m<\/a> stepped down immediately after that announcement.<\/p>\n

\n

Kindred CMO Elen Barber and CCO Anne-Jaap Snijders will leave the company sometime this fall, around the same date as Wilsby\u2019s departure. The company didn\u2019t provide any details about their exits in its statement, choosing to thank them for their time and contributions during their tenure.<\/p>\n<\/div>\n

Kindred asserts that the latest resignations have nothing to do with the departure of Wilsby and Tj\u00e4rnstr\u00f6m. The company has said the exits are just a \u201cnatural part\u201d of doing business to maximize value.<\/p>\n

Barber has been with Kindred for almost 14 years, according to her LinkedIn profile. She started as an affiliate manager in June 2010 and received several promotions on her way to becoming the CMO. She didn\u2019t provide additional information on the departure, stating it was the right time to move on.<\/p>\n

Snijders has worked with Kindred through Unibet for 15 years. He became Kindred\u2019s head of Western Europe in August 2013 and, in 2019, was promoted to CCO. Snijders also had a two-year stint as a Relax Gaming board member.<\/p>\n

Investors Unfazed<\/h2>\n

On NASDAQ Stockholm, Kindred is maintaining the strength it first saw on April 26 when it jumped from SEK109.35 to 127.95 (US$10.34 to $12.10). Since then, the stock hasn\u2019t moved a significant amount. It traded at SEK126.45 (US$11.96) on May 17 and SEK126.10 (US$11.93) on May 22. As of this writing, it\u2019s at SEK128 (US$12.11).<\/p>\n

Kindred is initiating a share buyback program of up to 23 million shares, beginning Tuesday, May 23, and concluding on June 22. Kindred already holds 14,445,479 shares, according to its financial statements.<\/strong><\/p>\n

Twenty-three million shares at $11 each would have a value of $253 million, for which Kindred expects to pay cash. When the exercise is complete, the company will cancel all repurchased shares.<\/p>\n

The company also recently indicated<\/a> that it may consider a sale or merger. The buyback may be a prelude to a deal since it would result in greater shareholder value.<\/p>\n

Kindred hasn’t confirmed or suggested that some deal is already in the works.<\/p>\n","protected":false},"excerpt":{"rendered":"

Two high-level execs are stepping down from the gaming giant Kindred. This comes just after the CEO and CGO resigned last week. The Sweden-based company announced this week that its chief marketing officer (CMO) and chief commercial officer (CCO) will be leaving the company. Kindred announced late last week that its CFO, Johan Wilsby, will […]<\/p>\n","protected":false},"author":64,"featured_media":274469,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,33810],"tags":[81919,82205,82076],"acf":[],"yoast_head":"\nTwo More Kindred Executives Announce Resignations - Casino.org<\/title>\n<meta name=\"description\" content=\"The resignations of two more Kindred execs make four in just a week as CMO Elen Barber and CCO Anne-Jaap Snijders announce departures.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Two More Kindred Executives Announce Resignations - Casino.org\" \/>\n<meta property=\"og:description\" content=\"The resignations of two more Kindred execs make four in just a week as CMO Elen Barber and CCO Anne-Jaap Snijders announce departures.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/two-more-kindred-executive-annouce-resignations\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-23T08:18:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-23T17:50:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/05\/Kindred-CMO-Elen-Barber-in-a-company-photo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1350\" \/>\n\t<meta property=\"og:image:height\" content=\"760\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Erik Gibbs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Erik Gibbs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/two-more-kindred-executive-annouce-resignations\/\",\"url\":\"https:\/\/www.casino.org\/news\/two-more-kindred-executive-annouce-resignations\/\",\"name\":\"Two More Kindred Executives Announce Resignations - Casino.org\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/two-more-kindred-executive-annouce-resignations\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/two-more-kindred-executive-annouce-resignations\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/05\/Kindred-CMO-Elen-Barber-in-a-company-photo.jpg\",\"datePublished\":\"2023-05-23T08:18:37+00:00\",\"dateModified\":\"2023-05-23T17:50:10+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/21bf33e35290a1da9c572298dac6b7ca\"},\"description\":\"The resignations of two more Kindred execs make four in just a week as CMO Elen Barber and CCO Anne-Jaap Snijders announce departures.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/two-more-kindred-executive-annouce-resignations\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/two-more-kindred-executive-annouce-resignations\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/two-more-kindred-executive-annouce-resignations\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/05\/Kindred-CMO-Elen-Barber-in-a-company-photo.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/05\/Kindred-CMO-Elen-Barber-in-a-company-photo.jpg\",\"width\":1350,\"height\":760,\"caption\":\"Kindred CMO Elen Barber in a company photo. She and CCO Anne-Jaap Snijders become the third and fourth executives to announce their departures from the company in just about a week. (Image: Kindred Group)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/two-more-kindred-executive-annouce-resignations\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Gaming Business\",\"item\":\"https:\/\/www.casino.org\/news\/gaming-business\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Two More Kindred Executives Announce Resignations\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/21bf33e35290a1da9c572298dac6b7ca\",\"name\":\"Erik Gibbs\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-13-96x96.png\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-13-96x96.png\",\"caption\":\"Erik Gibbs\"},\"description\":\"Erik Gibbs covers global gaming news for Casino.org. His scope includes Europe, Latin America, the Caribbean and Asia. Erik has covered gaming markets in Europe and Asia for the past six years. Erik joined Casino.org in November 2021. Erik has written for numerous gambling- and a handful of industry publications has quoted casino-related media outlets over the years and. He is always excited to bring a new perspective on what's happening in the gaming space. Erik enjoys following the global gaming industry, paying particular attention to innovation and regulation. Originally from the US, Erik has spent extensive time living in various countries across the globe. He enjoys anything that has to do with the outdoors and exploration, although he readily admits that he would have no trouble spending all day fishing on a boat. He currently resides in Spain. Contact Erik at erik.gibbs@casino.org.\",\"url\":\"https:\/\/www.casino.org\/news\/author\/erik-gibbs\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Two More Kindred Executives Announce Resignations - Casino.org","description":"The resignations of two more Kindred execs make four in just a week as CMO Elen Barber and CCO Anne-Jaap Snijders announce departures.","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"Two More Kindred Executives Announce Resignations - Casino.org","og_description":"The resignations of two more Kindred execs make four in just a week as CMO Elen Barber and CCO Anne-Jaap Snijders announce departures.","og_url":"https:\/\/www.casino.org\/news\/two-more-kindred-executive-annouce-resignations\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2023-05-23T08:18:37+00:00","article_modified_time":"2023-05-23T17:50:10+00:00","og_image":[{"width":1350,"height":760,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/05\/Kindred-CMO-Elen-Barber-in-a-company-photo.jpg","type":"image\/jpeg"}],"author":"Erik Gibbs","twitter_card":"summary_large_image","twitter_creator":"@Casino_Org","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Erik Gibbs","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/two-more-kindred-executive-annouce-resignations\/","url":"https:\/\/www.casino.org\/news\/two-more-kindred-executive-annouce-resignations\/","name":"Two More Kindred Executives Announce Resignations - Casino.org","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/two-more-kindred-executive-annouce-resignations\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/two-more-kindred-executive-annouce-resignations\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/05\/Kindred-CMO-Elen-Barber-in-a-company-photo.jpg","datePublished":"2023-05-23T08:18:37+00:00","dateModified":"2023-05-23T17:50:10+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/21bf33e35290a1da9c572298dac6b7ca"},"description":"The resignations of two more Kindred execs make four in just a week as CMO Elen Barber and CCO Anne-Jaap Snijders announce departures.","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/two-more-kindred-executive-annouce-resignations\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/two-more-kindred-executive-annouce-resignations\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/two-more-kindred-executive-annouce-resignations\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/05\/Kindred-CMO-Elen-Barber-in-a-company-photo.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/05\/Kindred-CMO-Elen-Barber-in-a-company-photo.jpg","width":1350,"height":760,"caption":"Kindred CMO Elen Barber in a company photo. She and CCO Anne-Jaap Snijders become the third and fourth executives to announce their departures from the company in just about a week. (Image: Kindred Group)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/two-more-kindred-executive-annouce-resignations\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Gaming Business","item":"https:\/\/www.casino.org\/news\/gaming-business\/"},{"@type":"ListItem","position":3,"name":"Two More Kindred Executives Announce Resignations"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/21bf33e35290a1da9c572298dac6b7ca","name":"Erik Gibbs","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-13-96x96.png","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-13-96x96.png","caption":"Erik Gibbs"},"description":"Erik Gibbs covers global gaming news for Casino.org. His scope includes Europe, Latin America, the Caribbean and Asia. Erik has covered gaming markets in Europe and Asia for the past six years. Erik joined Casino.org in November 2021. Erik has written for numerous gambling- and a handful of industry publications has quoted casino-related media outlets over the years and. He is always excited to bring a new perspective on what's happening in the gaming space. Erik enjoys following the global gaming industry, paying particular attention to innovation and regulation. Originally from the US, Erik has spent extensive time living in various countries across the globe. He enjoys anything that has to do with the outdoors and exploration, although he readily admits that he would have no trouble spending all day fishing on a boat. He currently resides in Spain. Contact Erik at erik.gibbs@casino.org.","url":"https:\/\/www.casino.org\/news\/author\/erik-gibbs\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/274470"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/64"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=274470"}],"version-history":[{"count":2,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/274470\/revisions"}],"predecessor-version":[{"id":274557,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/274470\/revisions\/274557"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/274469"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=274470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=274470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=274470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}