Thu. Nov 28th, 2024

Dermot Smurfit junior will retain a substantial equity stake in troubled firm while it continues its search for a buyer

Dermot Smurfit junior, GAN founder. Picture: Bryan Meade

Dermot Smurfit junior, the founder of US-listed gaming company GAN, has stepped down as the company’s chief executive as the company continues in its search for a buyer.

The company announced this week that it had accepted Smurift’s resignation and that it was still working on “evaluating a consulting arrangement” for Smurfit, who retains a substantial equity stake in the company.

Smurfit has been replaced by Seamus McGill, GAN’s current chairman, who will serve as …

By Xplayer