Therese Hillman steps down as NetEnt CEO


Therese Hillman steps down as NetEnt CEO

NetEnt CEO Therese Hillman has announced that she has left the online gaming supplier effective immediately.

In a post on LinkedIn on 28 February, Hillman mentioned that “today is my last day at NetEnt” suggesting she has now left the company, after nearly three years as president and CEO of the supplier since taking up the role in May 2018.

She joined NetEnt in January 2017 as CFO and spent time as acting CEO in April 2018 before taking on the role full-time a month later.

Hillman helped oversee the supplier’s acquisition of Red Tiger in September 2019, in an all-cash deal with an initial value of £197m ($274.8m).

Her announcement comes several months after the supplier was fully taken over by Evolution in early December, after agreeing to purchase NetEnt in a deal worth SEK 19.6bn ($2.32bn) last June.

In her LinkedIn announcement, Hillman thanked everyone involved during her time at NetEnt, and said she leaves the supplier in capable hands after being acquired by Evolution.

She said: “I would lie if I would say that my 3 years as the CEO have been easy and fun. It has truly been a challenge from day one and a lot of tough decisions had to be made.

“We have had our highs and lows and I am very thankful for the hard work that was carried out with exciting game releases, new market entries, the Red Tiger acquisition and much more, and at the same time, going through savings programs and re-organisations.

“Now, our group has been integrated to Evolution and is in the best of hands. I am excited to see how the business will continue to develop and I am also looking forward to see the product innovations that will be offered to operators and players around the world!”