Kindred Appoints Nils Andén Interim CEO Following Tjärnström Resignation
LISTEN TO THIS ARTICLE:Kindred Group has announced the resignation of Henrik Tjärnström as CEO and said that chief commercial officer Nils Andén is to serve as his interim replacement.
Tjärnström first arrived at Kindred Group (formerly Unibet) as a non-executive director in 2003. He then went on to become the company’s chief financial officer and then deputy CEO in 2008. He was appointed CEO in 2010.
Henrik has been at the helm through many important milestones passed by Kindred and has undoubtedly put his mark on both the history of the company and the industry. Thus, on behalf of the board of directors and all shareholders, I would like to thank Henrik for his valuable contributions to the success of Kindred throughout the years he has led the company and wish him well in his future endeavors.
Tjärnström’s replacement, Nils Andén, joined Kindred Group as CCO in 2020. He had previously worked for the company from 2006 to 2016, during which time he held various roles, such as head of poker, head of established markets, and chief marketing officer for the operator’s core Unibet brand. He has also worked for CurrencyFair, a peer-to-peer currency exchange, and for GVC Group (now Entain) as director of digital marketing.
I look very much forward to working closely with our board of directors, the executive management team, and all employees to achieve the goals of Kindred. I have a strong belief in our organization and the business models that have made this company so successful, and am more confident than ever in Kindred’s potential.
Tjärnström has said that he is “very pleased” by the decision to appoint Andén as his interim replacement as it would ensure that there is a smooth handover due to Andén’s extensive knowledge of the company and its operations.
Although Tjärnström enjoyed a great deal of success during his time as CEO, there have been signs that shareholders were eager for a change. Last year, Kindred Group was reported to have approached several operators and private equity giants, including Entain, 888, and Blackstone, about a potential acquisition.
It came after activist shareholder Corvex Management put pressure on the company to examine strategic alternatives. Corvex was given a seat on Kindred’s board last year, and partner James Gemmel was named a non-executive director.
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