Newgioco Group adds Management Depth
June 06 2017 - 10:47AM
Newgioco Group, Inc. (OTCQB:NWGI) a company providing regulated
online and offline leisure gaming and wagering through licensed
subsidiaries in Italy, announced today the hiring of key personnel
to the company management and technical team. All of the
appointments are non-board positions.
Newgioco has strengthened its management team
with the addition of Donal Carroll as Chief Financial Officer and
Julia Lesnykh as VP Corporate Finance, both stationed in Toronto,
Canada, as well as Carlo Reali as Financial Controller and Bryan
Calderoni as in-house Graphic Designer, both stationed at gaming
operations' head office in Rome, Italy.
Donal Carroll has 20 years of corporate finance
leadership and public company experience, as well as deep expertise
in syndicate investing both in equity and debt securities.
With a balance of prudent financing practices and unique
insights, Mr. Carroll has successfully guided companies for
expansion and growth. Throughout his tenure with Danaher, Alberto
Culver – now Unilever (NYSE:UL) and Cardinal Meats, Mr. Carroll was
instrumental in major restructuring activities, mergers and
acquisitions, and the implementations of new internal controls and
ERP systems resulting in significant efficiencies through periods
of substantial change and strong company growth.
Mr. Carroll holds a CPA-CMA designation as well
as a Bachelor of Commerce degree from University College Dublin
(UCD).
Julia Lesnykh has over 17 years of accounting
experience providing accounting, tax and advisory services to
various small and medium-sized companies. Since February
2015, she has served Newgioco as a Group Financial Controller
overseeing financial reporting. During this time she has
clearly demonstrated her leadership and accounting abilities,
performing full-cycle accounting for the head office in Canada,
reviewing and consolidating domestic and foreign subsidiaries'
financials and liaising with the company's auditors and external
consultants. From 2012 – 2015, Ms. Lesnykh was a member of
the Board of Directors of Friday Capital Inc. (currently HIT
Technologies Inc.), participating in the preparation for and
successful filing of an initial public offering. She also
served as a Member of the Audit Committee in 2014-2015, liaising
with auditors and overseeing financial reporting on TSX
Venture.
Ms. Lesnykh holds a Degree in Economics, an
International MBA from the Schulich School of Business at York
University (Canada) and a CIMA Advanced Diploma in Management
Accounting (UK).
Carlo Reali brings over 25 years of financial
management experience in the retail gaming business, having worked
his entire career with one of the largest gaming companies in
Italy. He has extensive knowledge of pricing models and
accounting processes in all gaming product verticals. Mr.
Reali brings a strong cash management skill set to this new role,
and will work closely with our CFO, VP Finance and auditing firm to
prepare and support our financial reporting efficiency. The
hiring of an internal financial controller at our operation level
is a part of the company’s mandate to implement corporate-wide
standard operating procedures aimed at streamlining our financial
reporting procedures going forward.
Bryan Calderoni is responsible for developing
and maintaining our Newgioco brand standards while designing print
and online materials, including promotional email layouts, videos,
infographics, flyers, stacking diagrams, maps and websites, etc.
In addition, Mr. Calderoni is an expert in web development
and SEO functionality, currently holds a master certification in
Adobe Video development and specializes in creating logos and
branding for ecommerce, presentations and interactive designs for
the implementation of product marketing.
“We are very pleased to add such highly talented
and dedicated personnel to both our corporate management in North
America as well as group operations in Europe,” said company
Chairman and CEO, Michele Ciavarella. “These additions to our
outstanding global leadership team are an important milestone for
Newgioco Group and checks off another box towards achieving our
objective of becoming a premier international leisure gaming
company.”
About Newgioco Group, Inc.
Newgioco Group, Inc., together with its wholly
owned subsidiaries, is a fully licensed and integrated online and
land-based gaming operator. The company conducts its business
primarily through internet-based gambling and sports betting
platform under the registered brand Newgioco on our website
www.newgioco.it as well as retail neighborhood betting shops
situated throughout Italy.
The company offers its clients a full suite of
leisure gaming products and services, such as sports betting,
virtual sports, online casino, poker, bingo, interactive games and
slots, as well as an innovative betting platform
(www.odissea.at) providing both B2B and B2C bet
processing. Additional information is available on our
corporate website at www.newgiocogroup.com.
This Press Release contains certain
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. The company has
tried, whenever possible, to identify these forward-looking
statements using words such as "anticipates," "believes,"
"estimates," "expects," "forecast," "plans," "intends," "potential"
and similar expressions. These statements reflect the
company's current beliefs and are based upon currently available
information. Accordingly, such forward-looking statements
involve known and unknown risks, uncertainties and other factors
which could cause the company's actual results, performance or
achievements to differ materially from those expressed in or
implied by such statements.
Website contact
form:http://www.newgiocogroup.com/index.php/contact-us/
Investor Relations Contact
Michele Ciavarella
investor@newgiocogroup.com
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