BOSS MEDIA NAMES NEW CEO

22 June 2007

Johan Berg's successor announced

Two months ago the online gambling industry was taken by surprise when Johan Berg, then "boss of Boss" Media announced his resignation after two years in the hot seat at the Swedish turnkey provider. His responsibilities were temporarily taken over by the firm's head of business development, Markus Holm (see previous InfoPowa report).

The next chapter in the Swedish saga opened this week with the announcement by chairman Meg Tiveus that the Board of Directors of Boss Media AB has appointed Michael Hallén (43) to the post of CEO and President. Hallen was formerly President and Chief Executive Officer of IFS (Industrial and Financial Systems), and has long-standing experience of software and international operations.

During his time as President of IFS up to 2006 Hallen succeeded in reversing a negative trend and in achieving profitability. Prior he worked in various executive positions at IFS, involving responsibility for both product development and marketing. During recent years, Hallén has also served as a Member of the Board of several fast-growing software and service companies.

"The Board of Directors is delighted at having recruited Michael who, based on his experience of both software development and international operations, will further strengthen Boss Media's strategic focus on becoming a complete supplier of platforms for digitally distributed game-based entertainment for international customers in the gaming industry," said Tivéus.

Hallén will assume his new position on July 1.

Online Casino News courtesy of InfoPowa