Messner to depart as CFO of Catena Media

Messner will leave the position in order to pursue a career outside of the sports betting and casino industry.

Catena Media said it had begun the process to recruit a new CFO, with Messner to leave the business within the next six months.

“Given our closer focus on the North American market, we have agreed that this is the right time to make a transition in our financial leadership,” Catena Media chief executive Michael Daly said. “Peter has contributed hugely to our recent successes, and we thank him sincerely for his efforts.”

Messner became at Catena Media in March 2020, joining the business having served in the same role at Swedish media giant Modern Times Group’s esports-focused subsidiary MTGx. 

Prior to this, he also spent time in senior roles with poker network Ongame and its one-time parent company, Bwin Interactive Entertainment.

News of the departure comes after it was announced last week that Better Collective had acquired a minimum position of 5% in Catena Media.

This came after Catena appointed Carnegie Investment Bank AB as a financial advisor earlier this month. In this role, Carnegie will assist Catena in determining its strategic options for the potential sale of the remainder of its business.

Better Collective said it will not comment any further on the acquisition.