Raketech chairman Bengtsson departing for new CEO role

Confirming the news today (20 March), Raketech said Bengtsson would remain chairman until 30 July. He will also be available for re-election at the group’s annual general meeting in May.

Raketech said its nomination committee has already commenced its search for a new board member. This individual may also become the group’s new non-executive chairman, with a further update to be provided in due course.

Neither Raketech nor Bengtsson has revealed where he will take on his new CEO role.

“The company appreciates this is an opportunity for Ulrik,” Raketech said. “We thank him for his contribution and dedication to the Raketech board since joining in May 2021.”

Bengtsson: CEO role the ‘right professional move’

In addition to chairing the Raketech board, Bengtsson is chair of Hostelworld Group and City Gaming. He also works with advisory firm Valluga Edge.

Highly experienced in the gambling sector, Bengtsson was group CEO at William Hill between September 2019 and September 2022. Prior to this, he had a spell as the operator’s chief digital officer.

Earlier in his career, Bengtsson was group CEO of Betsson for over five years. He also spent time in two CEO positions within the Modern Times Group. In addition, he worked in sales roles with Telenor, CtrlPrint and IBM.

Most recently, Bengtsson worked across several senior positions at Virgin Media O2 between April 2023 and May 2024.

“Stepping back into a full-time CEO role feels like the right professional move for me and the opportunity I have been presented with is compelling,” Bengtsson said. “I am confident that the entire Raketech board and executive team remain dedicated to strengthening the balance sheet and shaping an exciting strategy that I expect will be unveiled to investors in the coming months.”