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CEO of Online Operator Mr Green Announces Resignation

The online operator Mr Green & Co has announced that its CEO, Mikael Pawlo, will be stepping down from the position come June 30th 2015.

Mr Pawlo will not be entirely lost to the Stockholm listed gaming operator though, with a move to the company’s board a distinct possibility for the CEO as he transitions into the next phase of his career.

In the meantime Mr Green has begun the search for a replacement, and candidates are likely to be canvassed from around the world, as well as from within Mr Green’s very own ranks.

Pawlo & Mr Green

Mikael Pawlo has been with Mr Green since the beginning way back in 2007, and was one of the company’s three founders along with Henrik Bergquist and Fredrik Sidfalk.

As CEO of Mr Green Pawlo witnessed and helped the company grow through a number of significant changes, from its early days as a private company based out of Malta to a fully-fledged listed entity on the Swedish stock market, the Aktietorget.

Continuing on with its upward swing, Mr Green first invested and then acquired the operator of Garbo Casino, DSRPTV Gaming Ventures, as well as the social media casino studio Social Holdings, of which Mikael Pawlo was well and truly in the thick of it.

Comment From Mikael Pawlo

Pawlo is of the belief that now is the right time for him to make his exit and for Mr Green to appointment someone with some fresh ideas and fresh energy.

Pawlo and Mr Green has certainly undertaken a lot of growth since its inception, and today the firm employees 145 people are recently recorded a third quarter revenue figure of SEK168.5 million, which is approximately the equivalent of US22.7 million.

Comment From The Chairman

The chairman of Mr Green, Tommy Trollborg, has released a statement praising Mikael Pawlo’s contribution to the growth and success of the company, and publicly aired his endorsement for Pawlo to join the board of Green once his tenure of CEO expires.

The Future For Mr Green & Co

The future continues to look rosy for Mr Green, and with a 6 month phase out plan for Pawlo in place as well as a comfortable amount of time to find a suitable replacement, things should continue onwards in a positive manner for the online casino.

With a 35.8% increase in revenue recorded by the casino from third quarter 2013 to third quarter 2014, it’s a green light for Mr Green for the time being.