Craig Felenstein joins Sportradar as Chief Financial Officer

The leading sports technology company, powering media, betting and sports organizations and operators across the globe, Sportradar, announced a new senior-level appointment. On Thursday, the company confirmed that it strengthened its C-suite with the addition of Craig Felenstein for the role of Chief Financial Officer (CFO). Joining Sportradar, he brings extensive experience, solid knowledge and deep understanding within multiple industries, including the entertainment, digital content and media sectors.

Overall, Felenstein has more than 30 years of operational and senior finance experience, making him a valuable addition to the senior-level team at Sportradar. Serving as CFO, he will oversee the company's global financial operations, including investor relations and accounting.

In his new senior-level role, Felenstein will be based in New York and will report directly to Sportradar's Chief Executive Officer, Carsten Koerl.

Undoubtedly, the extensive experience, unique blend of knowledge, operational insight and leadership qualities make Felenstein the perfect fit for the new role. Besides overseeing strategic financial processes, he is expected to effectively collaborate with Sportradar's C-suite, ensuring the sustainable growth and expansion of the company. As CFO, Felenstein will also play a key role in different strategic initiatives that ultimately target the expansion of the company's business relationships and growth on a global scale.

In a statement, Carsten Koerl, Sportradar's CEO, shared his excitement on the matter. He acknowledged Felenstein's exceptional knowledge, international experience and track record within a number of globally recognizable public companies. Koerl predicted that the executive would be an outstanding addition to the company's senior-level team. "His track record of helping drive financial strategy and building shareholder value will be instrumental to our continued success," he added. Finally, Koerl pointed out: "We want to express our deep gratitude to Ger Griffin for his meaningful contributions to Sportradar during a transformational growth period for our Company."

Sharing his excitement, the company's new CFO added: "Sportradar has built an impressive leadership position in the rapidly growing global sports technology market and the Company is ideally situated to deliver sustained growth given their strong content portfolio, unmatched product offerings and commitment to industry innovation." Last but not least, Felenstein outlined: "I am excited to work with Carsten and the entire Sportradar team, as well as the Board of Directors, to capitalize on the significant growth opportunities ahead and deliver additional value to our clients, partners and shareholders."

Before becoming a part of Sportradar, the executive held a Chief Financial Officer role with the global leader in expedition cruises and adventure travel, Lindblad Expeditions. Throughout his extensive tenure, Felenstein was a part of Shutterstock where he held various senior-level roles. His professional background includes important C-suite roles with Discovery Communications, among other leading media and entertainment companies.

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