Sportradar CEO Carsten Koerl said newly appointed chief financial officer Craig Felenstein’s skillset will prove “instrumental” to the company going forwards.

Sportradar

Stepping into the role at the start of June, Felenstein’s over 30 years’ experience includes senior roles such as chief financial officer of Animal Planet at Discovery.

Most recently, he was CFO at cruises and travel company Lindblad Expeditions.

Felenstein said Sportradar is “ideally situated to deliver sustained growth.”

“I am excited to work with Carsten and the entire Sportradar team, as well as the board of directors, to capitalise on the significant growth opportunities ahead and deliver additional value to our clients, partners and shareholders,” he added.

Koerl said: “With Craig’s deep international experience and successful track record building finance organizations as a CFO at US listed public companies, I am confident that he will be a strong addition to our team.

“We want to express our deep gratitude to Ger Griffin for his meaningful contributions to Sportradar during a transformational growth period for our company.”

In its most recent results, Sportradar said it is targeting growth of at least 20 per cent after 2023 revenues grew by the same figure to €877.6m.