Eastern Europe

Superbet Seeks New CEO As Ardeleanu Announces Departure

Published

5 years ago

February 25, 2020

Niji Narayan

Superbet Seeks New CEO As Ardeleanu Announces Departure

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Superbet is looking for a new CEO in Romania after confirming the departure of Vlad Ardeleanu from its executive leadership team.

Ardeleanu stated that he had chosen not to participate in Superbet’s next phase of growth and would instead be pursuing entrepreneurial challenges.

Ardeleanu was personally hired by the company founder Sacha Dragic in 2015 and tasked with leading an expansion of Superbet’s retail footprint within Romania.

“We have achieved remarkable successes. The company has grown five times, generating a turnover of 2.8 billion euros in 2019, and is now one of the top ten biggest Romanian companies,” Ardeleanu said.

Hitting peak capacity in its home market, in 2019 US private equity fund Blackstone Group invested €175 million in SuperBet, funding the firm’s ambitions to become the leading CEE markets betting operator.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.