The performance marketing company Catena Media, which operates on the territory of Malta, the UK and Serbia, revealed that it has recruited a new Group Chief Financial Officer. The position was occupied by Claes Wenthzel, who has a vast experience from working at similar positions at a number of companies. The new Chief Financial Officer is to take offer the position in January 2017.
The appointment is considered as an important step for the Malta-headquartered company in its way to moving its common share to Nasdaq Stockholm.
The Chief Executive Officer of Catena Media Robert Andersson commented on the recruitment, saying he was very pleased with the fact that the company had managed to attract such a professional. He described Claes Wenthzel as a person with solid knowledge of the market in which Catena operated, which would make him one of the most crucial figures in the company at a time when Catena was making its moves towards Nasdaq Stockholm.
Claes Wenthzel has been involved at the positions of a Chief Financial Officer and financial advisor for more than two decades now. He has been working mostly at mid-sized companies. Wenthzel is known for serving as Interim Chief Financial Officer at Pricer AB, and as a financial advisor and M&A consultant at Mycronic AB, as well as a financial advisor to the Chief Executive Officer and the Board of Directors at Doro AB.
His appointment comes as part of the Board of Directors’ decision to make a change of the company’s listing and move it from First North Premier to Nasdaq Stockholm. Now, Catena Media has announced that the preparations for that are going as planned and the transition is expected to be finalised in the first half of 2017. Currently, the company is a quickly-growing online performance marketing company which offers a number of portals such as RightCasino and AskGamblers. It has announced strong organic growth and acquisitions strategy in its major markets.
As mentioned earlier, the new Chief Financial Officer of Catena Media is to officially join the company in January 2017. Patrik Bloch is planned to remain within the company at the position of Chief Financial Offier of Catena Media Operations.
- Author
Daniel Williams
