The board of Kambi Group plc has appointed former Sportradar executive Werner Becher to succeed outgoing CEO Kristian Nylen in late July, the company announced.
The announcement comes after Kambi completed an exhaustive six-month search for Nylen's replacement. A co-founder of Kambi in 2010, Nylen cited a desire to spend more time with his family as the primary reason for his resignation. Kambi is widely considered one of the industry leaders with in-game sports betting technology during the post-PASPA era.
Becher, a prominent executive at Sportradar, formerly served as managing director of the company's U.S. division. From there, he became CEO of Sportradar's Europe, Middle East and Africa (EMEA) and Latin America business. Sportradar is one of the world's largest sports betting data providers. On the league side, the company maintains a virtual duopoly in U.S. official sports betting data rights with archrival Genius Sports.
“I am honored to take on the position of CEO at Kambi Group, a company that has been at the forefront of this industry for many years and one which I have the utmost respect and admiration for,” Becher said in a statement. “I join Kambi at an exciting time in its evolution, as it continues to open up its service and widen its addressable market.”