Esports Entertainment Group (EEG) has named Damian Mathews as its new chief financial officer. An economics and political studies graduate of the University of Bristol, Mathews is a member of Esports Entertainment’s board of directors and chairman of its audit committee. He will replace incumbent CFO Dan Marks on April 2.
Mathews comes from career in investments, having worked as director of consultancy NZ Pacific Investments from 2012 to 2014 and CFO of the Qatar and Abu Dhabi Investment Co. from 2014 to 2020. He has also worked in management positions at the Commonwealth Bank of Australia Group and held a range of roles at ABN Amro, the Royal Bank of Scotland, Credit Suisse First Boston and KPMG.
“Damian Mathews brings more than 25 years of global experience, working across banking, private equity and real estate,” said EEG Chief Executive Grant Johnson. “Damian has been a valuable part of the company’s board since 2020 and we’re confident Damian’s expertise and leadership will make him a critical partner as we execute on our strategic and financial plan for this year and beyond.”
Mathews appointment is the second new addition to EEG’s senior management team since Stuart Tilly was chosen as chief operating officer at the end of January. Tilly was formerly EEG’s chief legal officer.
According to SBC News, EEG closed 2021 trading after achieving a number of corporate objectives, most notably acquiring Malta-based betting and gaming operator Bethard for €16 million (US$19.5 million), with last year marking its first full commercial 12 months as a Nasdaq-listed enterprise.
Mathews commented: “I am delighted to accept the appointment as EEG’s chief financial officer. The company has grown rapidly and has immense ambition in the exciting industry of esports. 2022 will be a pivotal and exciting time as we aim to continue to grab market share and develop and enhance our products to drive strong unit economics.
“I believe the company’s product offerings are at the early stages of their growth cycles and well-positioned to capitalize on a sizable market opportunity and evolving consumer behaviors. I look forward to helping Esports Entertainment Group in its efforts to further expand its market share in the coming year.”
