Scout appoints Jönsson as permanent CEO

Jönsson became acting CEO in June 2022, having initially joined the business in December of 2021 as chief financial officer.

He had been combining the two roles but will now become permanent CEO, with Andreas Olsen, currently head of finance in Norway, assuming the position of CFO with immediate effect.

Prior to joining Scout, Jönsson spent time as CFO at BrainLit and Global Gaming Group, while he was also at Evolution for over three and a half years, serving as group financial manager and CFO for Evolution Malta.

Earlier in his career, Jönsson also worked as an authorised public accountant at PwC.

Olsen joined Scout in July 2022 having previously been a revisor at EY and an auditor at Revisjonsselskapet.

Wider changes

The double appointment comes after Scout last month revealed it was able to reduce its net loss during what Jönsson described as the “most eventful” year in the provider’s history.

The fantasy sports provider underwent major change during 2022, which culminated in a restructure of its B2B segment. This led to the closure of 11 partnerships and a reduction in the total number of co-operations to 13.

The restructure came after Scout also raised SEK101m in a share issue process to help save the business, which came in the wake of a SEK17m commitment being discovered in the supplier’s accounts that it stated it had been previously unaware of. 

In addition, Scout initiated a major restructuring of personnel, laying off 68 of 131 full time workers, including in the company’s Lviv office in Ukraine, leaving just 63 remaining staff.