Continent 8 Technologies, a managed hosting, connectivity, cloud and security provider to the global online gambling industry, has announced the appointment of Kristian Valenta to the role of chief financial officer.
Valenta has previously held a number of senior level roles, most recently as vice president in the technology, media and telecommunications group at Novacap, a leading North American private equity firm.
During his time at Novacap, he led numerous fund related activities, including supporting various capital raises, headed several M&A and corporate finance efforts and has been an active board member across numerous portfolio companies within the technology group.
Based in Montreal and reporting to CEO Michael Tobin, his role at Continent 8 will see Valenta continue to build on the company’s existing plans for expansion. He will be responsible for the company’s overall finances, whilst working alongside the executive team on policy, operations and Continent 8’s overarching strategy.
Tobin said: “Over the last few years, we have built an exceptional team at Continent 8, growing our head count year-on-year. Kristian’s appointment is a significant one for our business during a period of fast growth as new markets regulate and open for business. Kristian brings a wealth of experience and passion to Continent 8, making him an invaluable member of our leadership group. Welcome to the team, Kristian.”
Valenta added: “It is an honor to join Continent 8, a company that has established itself as a highly respected leader in its field. My role as CFO will provide me with an exciting opportunity to work alongside a committed executive team and I look forward to playing an integral role in the company’s continued growth globally.”