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Kindred CFO Wilsby steps down

| By Robert Fletcher
Kindred Group has announced that Johan Wilsby will leave his role as chief financial officer later this year.
Entain board changes

The group did not set an actual departure date, but it was confirmed that Wilsby would step down in the autumn.

Wilsby took on the position of CFO in September 2020, having previously served in the same role with Tobii AB, Fingerprint Cards and Transmode.

Prior to this, Wilsby spent time as CFO Sweden and Nordic CFO at HP, while he also had spells as finance director for Western Europe and CFO Sweden at Microsoft.

“Kindred is a dynamic company and Johan has been instrumental in developing the group’s corporate function, the strategic execution, as well and contributing to the executive leadership team,” Kindred chief executive Henrik Tjärnström said.

“He has also been a very appreciated colleague and shown leadership and integrity during challenging times. I want to thank Johan for his contributions and wish him the best of luck in his future career.”

Kindred added that it had already commenced the process of appointing a successor to Wilsby.

The announcement comes after Kindred last month launched a review of strategic alternatives that could lead to a potential merger, sale or partial sale of the business, with a focus on delivering and maximising value for its shareholders.

Kindred launched the review as it also published its financial results for the first quarter of the 2023 financial year. The group experienced growth across revenue and net profit.

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