CEO Jan Karas is the new chairman of Greek gambling group OPAP
Greek gambling group OPAP is pleased to announce the appointment of Jan Karas as the new chairman of OPAP, effective from 1 October. This is a significant milestone for both Karas and OPAP, as he assumes this additional responsibility alongside his current role as Chief Executive Officer (CEO), a position he has held since January 2021. His appointment as chairman reflects his proven leadership and deep understanding of OPAPs strategic goals.
Karas takes over from Kamil Ziegler, who has been a pivotal figure at OPAP since 2013, serving as both chairman and, at one point, CEO. Ziegler is stepping down from the role for personal reasons but will continue contributing to the companys growth and success as an executive member of the board. His long-standing service and leadership have been integral to OPAPs development, and the company is thankful for his ongoing commitment.
The decision to appoint Jan Karas as chairman came on the recommendation of OPAPs remuneration and nomination committee. This move signals continuity and stability, as Karas is well-placed to continue steering OPAP through a period of robust growth and innovation. Under his leadership, OPAP has seen significant progress, especially in the online 바카라 segment, which has contributed to the companys strong financial performance.
Leadership and Board Structure
In his role as chairman, Karas presides over a highly skilled and diverse board, ensuring effective execution of OPAPs vision. Besides his leadership as CEO, he will now work closely with other board members to oversee the companys strategic initiatives and maintain OPAPs position as a market leader in the gaming sector.
The newly restructured board also sees Cherrie Mae Chiomento-Ferreria, an independent non-executive member, assume the role of Vice-Chair. Chiomento-Ferreria brings extensive expertise and will work alongside Karas in the groups governance.
The board includes both executive and non-executive members, providing a balanced mix of operational insight and independent oversight. Key members include Pavel Mucha (Chief Financial Officer), Robert Chvtal, and Nicole Conrad-Forker. Former chairman Kamil Ziegler remains on the board as an executive member, ensuring continuity and the benefit of his vast experience.
A Bright Future for OPAP
Karas appointment comes at an exciting time for OPAP. The company has recently reported strong financial results for the first half of the year, with a notable 5.6% year-on-year increase in gross gaming revenue. This growth was largely driven by the online 바카라 segment, which has seen a surge in popularity and player engagement. The segment recorded a 24.2% increase in revenue compared to the previous year, contributing 140.3 million to the companys overall performance.
Lottery and betting continue to be key revenue drivers, but the rapid growth of the online 바카라 sector highlights OPAPs ability to adapt to changing market trends and consumer preferences.
As Jan Karas steps into his expanded role, OPAP are confident in his ability to lead them to new heights. His experience, leadership, and strategic insight make him the ideal candidate to guide the company through its next phase of growth.
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