Raketech to consider Boynton and Cadena as board candidates

Put forward by its nomination committee, the two proposed appointments will be discussed at Raketech’s annual general meeting on 17 May.

Based in Los Angeles, Cadena has expertise within igaming, affiliate marketing and M&A. He previously held senior roles within strategy and business development at anime video streaming business Crunchyroll, as well as at Caesars Interactive Entertainment.

Cadena currently serves as chief strategy advisor at SCCG Management, a consultancy that specialises in sports betting, igaming, technology, M&A, joint ventures and governmental and legal affairs for the casino and igaming industry. 

Boynton has experience across a number of industries with major global brands including Unilever, KFC and Amazon, as well as highly regulated businesses such as RSA Insurance. 

She is an independent finance director at CFO, supporting early-stage businesses to plan and fund their growth. Boynton has also been proposed as the new chair of Raketech’s audit committee.

Meanwhile, Raketech’s nomination committee also proposed the re-election of Ulrik Bengtsson as chairman, as well as Johan Svensson, Erik Skarp and Magnus Gottåsas members of the board.

Annika Billberg and Fredrik Svederman, both current board members, have stated that they will not stand for re-election.

The proposed appointments come after Raketech in February reported a year-on-year rise in revenue and net profit for its 2021 financial year, helped by record performance during the fourth quarter.

Revenue for the 12 months through to 31 December 2021 was €38.5m (£29.9m/$39.3), an increase of 31.0% from €29.4m in the previous year, while net profit jumped by 26.8% to €7.1m.