XLMedias Chief Financial Officer, Caroline Ackroyd, will be departing the company. She has opted to pursue opportunities at a different organization within the online gaming industry. Rest assured, she will remain in her position until March 2024 to ensure a seamless transition. XLMedias executive team has initiated the process of finding her successor and will provide updates accordingly.
Caroline made significant contributions during her tenure at XLMedia, particularly over the past few years. Prior to joining the company, she possessed extensive financial expertise, including a period at Sky Betting & Gaming.
This announcement coincides with a period of significant activity for XLMedia. The company has been engaged in notable endeavors, such as collaborating with WRAL.com as their sole provider of gambling-related content and establishing a revenue-sharing arrangement with bet365. They even divested three European casino holdings for a substantial sum of $4 million – a testament to their strategic realignment.