Sportradar Appoints Craig Felenstein as Chief Financial Officer
25 April 2024 - 10:00PM
Sportradar Appoints Craig Felenstein as Chief Financial Officer
Sportradar Group AG (NASDAQ: SRAD)(“Sportradar” or the “Company”)
today announced that Craig Felenstein has been named Chief
Financial Officer of the Company, effective June 1,
2024. Felenstein joins the Company from Lindblad Expeditions
(NASDAQ: LIND) where he most recently served as Chief Financial
Officer. He will report directly to Sportradar Chief Executive
Officer Carsten Koerl.
Felenstein brings nearly 30 years of senior
finance and operating experience for US publicly listed companies
across the media, entertainment, experiential and digital content
industries to his new position at Sportradar. Most recently,
Felenstein served as Chief Financial Officer at Lindblad
Expeditions, a global leader in expedition cruises and adventure
travel, where he oversaw the company’s global finance organization,
as well their corporate development, information technology and
human resources functions. In his role as Sportradar's Chief
Financial Officer, Felenstein will lead the company’s global
finance, accounting and investor relations functions. Felenstein
has a unique blend of financial rigor and operational insight and
will partner with the rest of the executive leadership team to
advance the company’s key strategic initiatives and grow the
business while maintaining strong relationships with the investment
community. He will be based in New York.
Carsten Koerl, CEO, Sportradar said: “With
Craig’s deep international experience and successful track record
building finance organizations as a CFO at US listed public
companies, I am confident that he will be a strong addition to our
team. His track record of helping drive financial strategy and
building shareholder value will be instrumental to our continued
success. We want to express our deep gratitude to Ger Griffin for
his meaningful contributions to Sportradar during a
transformational growth period for our Company.”
Prior to his tenure at Lindblad, Felenstein
served as Senior Vice President of Investor Relations and Strategic
Finance at Shutterstock where he oversaw all interaction with the
investment community while leading the financial planning and
analysis and corporate development functions. Prior to
Shutterstock, he served in various management roles at Discovery
Communications, LLC, including Executive Vice President of Investor
Relations. At the same time, he was a member of the executive team
for several of Discovery's businesses including serving as the
Chief Financial Officer of Digital, Chief Financial Officer of US
Network Revenue and Chief Financial Officer of Animal Planet.
Prior to Discovery Communications, he held senior positions at News
Corporation, Viacom Inc., and Arthur Andersen & Co.
Felenstein said: “Sportradar has built an
impressive leadership position in the rapidly growing global sports
technology market and the Company is ideally situated to deliver
sustained growth given their strong content portfolio, unmatched
product offerings and commitment to industry innovation. I am
excited to work with Carsten and the entire Sportradar team, as
well as the Board of Directors, to capitalize on the significant
growth opportunities ahead and deliver additional value to our
clients, partners and shareholders.”
About SportradarSportradar
Group AG (NASDAQ: SRAD), founded in 2001, is a leading global
sports technology company creating immersive experiences for sports
fans and bettors. Positioned at the intersection of the sports,
media and betting industries, the company provides sports
federations, news media, consumer platforms and sports betting
operators with a best-in-class range of solutions to help grow
their business. As the trusted partner of organizations like the
ATP, NBA, NHL, MLB, NASCAR, UEFA, FIFA and Bundesliga, Sportradar
covers close to a million events annually across all major sports.
With deep industry relationships and expertise, Sportradar is not
just redefining the sports fan experience, it also safeguards
sports through its Integrity Services division and advocacy for an
integrity-driven environment for all involved.
For more information about Sportradar, please
visit www.sportradar.com
Sportradar Contacts
Press Contact:Sandra
Leepress@sportradar.com
Investor Relations Contact:Jim
BombasseiInvestor.relations@sportradar.com
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