Widerström will officially depart next month, with David Vaněk, currently general manager of the business’ Fortuna Game division, to assume the role of interim CEO from 1 March.
During his time as CEO, FEG said Widerström oversaw a period of growth where its business grew more than five times in size.
FEG added that Widerström had opted to leave the business in order to pursue new career opportunities.
“Seven years is indeed a long time and there are so many people I would like to thank for having been with me and FEG during this journey, be it our customers, business partners or other stakeholders,” Widerström said.
“Leaving FEG at this time feels right, in particular knowing that the company is well poised for further growth, as well as being in the very good hands of David Vaněk and the rest of the group executive team.”
Vaněk added: “I am proud to have been given the opportunity to lead FEG into the next phase of its development.
“I am truly excited about the tremendous potential that the company has, and I am looking forward to leveraging the group’s extensive know-how to deliver a market-leading value proposition to all our customers.”