Catena Media, a major player in the gambling industry, has announced the resignation of Michael Daly from his position as CEO. The company is now actively searching for a replacement for this role. In the interim, Pierre Cadena, the Vice President for Corporate Strategy, will step in as CEO.
Göran Blomberg, Chairman of Catena Media, acknowledged Daly's role in making the company a significant player in the US market. During Daly's tenure, the company successfully reduced its debt and implemented optimization measures.
Blomberg highlighted the need for new leadership to guide Catena through a period of growth and return to its former position. Michael Daly joined Catena in April 2018, initially leading the US division before becoming the CEO three years later.