Scandinavian Online Casino Mr. Green to Change CEO

Mikael Pawlo, the CEO of Scandinavian online operator Mr. Green, is leaving.

One of the Original Founders

Pawlo, a member of Mr. Green's original founding three, will step down in June 2015, completing just over two years of service in the post he took in April 2013. Pawlo's transition will likely include membership on the firm's board, a spot which has been opened to him by Mr. Green's nomination committee.

Pawlo is quite happy with his time as CEO, “It has been an incredible journey to be part of establishing Mr Green as a secure and entertaining alternative in the European gaming market,” he said.

Oversaw Rapid Growth

He expressed his pleasure at the rapid growth he has been fortunate enough to be a part of with Mr. Green, “We have evolved from an idea in a Word document in autumn 2007 to today having a group with 145 employees and a game win for the third quarter of SEK484.2 million (€51.1 million/$62.7 million).

Pawlo is changing positions, but hardly tapering off his involvement. Instead, he seems to be moving in a new direction, like the company, “The group is now entering a new phase and the foundation has been laid for continued, rapid profitable growth and it is time for someone else to take over.”

Mr. Green's current Board Chairman, Tommy Trollborg, lauded the value and service that Pawlo has provided to the company, saying that he “cannot emphasise enough the importance of Mikael Pawlo to the success of Mr Green online casino” in creating a casino experience “in a class of its own.”

Keeping Pawlo on the board is a way to retain the outgoing CEO's expertise at Mr. Green.