React Gaming Group Inc. is pleased to announce the appointment of Leigh Hughes as its Interim Chief Executive Officer, effective immediately. Mr. Hughes replaces Laurent Benezra who is stepping down from his current role as President and CEO as well as director of the corporation, but will remain in a consultancy role.
Leigh Hughes is an entrepreneur and venture capitalist with over 20 years of experience working with private and public companies across the globe, particularly in North America, Australia and the Asia-Pacific region. He is also the founder of COMVERJ Ventures, which helps clients identify opportunities for change in the fields of mergers and acquisitions, capital markets, business strategy and innovation. COMVERJ Ventures has worked with numerous public companies in the United States, Canada, Australia and Europe. Mr. Hughes completed a Bachelor of Commerce degree at Curtin University, Western Australia and has been a corporate advisor to companies listed on the CSE and the TSX Venture Exchange. He has been nominated twice for the Young Australian of the Year award and was a named a winner of Western Australia's 40 under 40 awards in 2012, reflecting recognition by the industry and his peers. 카지노사이트
“Over the last year, React Gaming has emerged as a leading esports and iGaming company, mainly through its acquisition of LOOT.BET,” said Philip Nolan, member of the Board of React Gaming. “Given the Corporation’s current development stage and market environment, we considered that a change of leadership was needed to unlock React Gaming’s full potential. We are thrilled that Leigh has agreed to take on this challenge and lead the company with the goal of creating sustainable value for our shareholders. Over the years, Leigh has built an impressive international financial network and advised numerous public companies on how to attain their operational and financial objectives, which is the type of expertise we were looking for to bring React Gaming to the next level.”
“I am excited to have the opportunity to leverage the assets that React Gaming has acquired over the past year, including LOOT.BET, Compete.gg and Parabellum, all of which are top-tier assets with significant growth potential,” said Leigh Hughes, Interim CEO of React Gaming. “My role as CEO and a major shareholder will be to build on this solid foundation, with the help of our outstanding and driven team, to continue to grow React Gaming and make it a leader in the esports space.”
The Corporation has granted stock options to officers and directors to purchase up to 1,600,000 common shares in the capital of the Corporation. The options are exercisable for a period of five years from the date of the grant at a price of $0.14 and will vest quarterly over 12 months.