Elys Details Leadership Changes Under US Growth Plans People are on the Move

Interactive gaming and sports betting technology company Elys Game Technology has made a series of changes to its management team, with chief financial officer Mark Korb moving into a new role in the business of the company.

Korb, who served as chief financial officer since June 2018, becomes director of general affairs.

Reporting directly to Ciavarella, Korb’s responsibilities will include a range of corporate initiatives and activities related to growth and capital strategies.

“I would like to thank Mark for his extraordinary contribution during a period of explosive growth for Elys, serving as Chief Financial Officer since June 2018,” said Elys Executive Chairman Michele Ciavarella. “Mark has a proven track record of building key relationships and leading companies on high-stakes projects and looks forward to working with him in his new role as Head of Corporate Affairs.”

Carlo Reali, group financial controller of Elys since October 2020, replaces Korb on an interim basis.

He joined the company in January 2017 as CFO of its subsidiary Multigioco after a stint as Executive CFO of Snai, a role he held following the acquisition of SIS in 2015, where he was Chairman and Chief Financial Officer since January 2001. .

“Carlo has been a very valuable team member for many years and has shown strong leadership within our finance department,” Ciavarella said.

“I am very pleased to promote from within and leverage Carlo’s strong background in corporate finance and strategy in the leisure betting industry as we continue to implement our vision at long term in Europe and North America.”

Elys has also appointed Tory Key as its US Business Development Project Manager, tasked with leading business development by providing contacts with potential partners, as well as overseeing sports betting launches.

Additionally, Steven Maldonado has joined as the U.S. Product Compliance Manager, a role in which he will lead engagements with the Washington DC Office of Lottery and Gaming and New Jersey Division of Gaming Enforcement to support plans. company growth in the US market. .

“As we aim to further distinguish our products and maintain our technological lead in the US market, I’m also excited that Tory Key and Steven Maldonado are strengthening our US leadership by joining Matteo Monteverdi and our USBookmaking team,” said Ciavarella.

“Tory and Steven are both highly accomplished experts in their roles and have been instrumental in launching Elys’ US operations and integrating our strong and growing pipeline of US clients.”