Sportradar Group has announced a new leadership structure in an effort to streamline its global organizational structure. This new structure, effective immediately, includes six business functions across the Sportradar business.

Warren Murphy, the former chief product officer, has moved to chief delivery and operations officer. He will now lead Product Delivery and Operations, which combines and centralizes content, product development, and engineering. Nick Maywald, formerly chief content officer, is now chief growth and innovation officer, responsible for Growth and Innovation. Eduard Blonk, chief commercial officer, will lead the ‘Commercial’ function, covering sales, client services, sports partnerships, marketing, and communications.

Lynn McCreary, chief administrative officer, chief legal officer, and corporate secretary, will oversee Legal, Risk, and Administrative Services. Severine Riviere-Gerstner will head up the ‘People’ sector as chief people officer, and Gerard Griffin, the chief financial officer, will lead the ‘Finance’ function, although he will step down due to personal reasons.

In addition, chief strategy officer Ulrich Harmuth will also depart the group to pursue other endeavors.

Carsten Koerl, CEO of Sportradar, expressed excitement about the new global organizational structure, stating that it will better position the group for future growth. He emphasized that this new structure will align the teams on strategic priorities, promote agile execution, and foster greater collaboration and faster decision making.

Sportradar has also reaffirmed its fiscal 2023 and 2024 guidance, despite posting a decline in profit from continuing operations in the third quarter of 2023. The company expects revenue between €870m and €880m in 2023, which would be 19% to 21% higher than 2022’s revenue. They also anticipate adjusted EBITDA between €162m and €167m, up 29% to 33%, respectively.

Koerl expressed confidence in the leadership team’s ability to execute on strategic priorities and stated that they remain on track to deliver strong growth targets for 2023, with a positive outlook for 2024.

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