On October 4, after FDJ’s €2.45 billion acquisition of Kindred was approved, numerous prominent resignations occurred from Kindred’s board. Directors Carlsson, Andrew McCue, Cédric Boireau, James H. Gemmel, Jonas Jansson, and Kenneth Shea resigned, and FDJ quickly nominated new board members.
Martin Randel and Heidi Skogster will continue in their positions until Kindred’s next annual general meeting in 2025, while Carlsson and other directors resigned. Carlsson, who became a board member of Kindred in 2021, is also a member of the boards of PEG Capital Partners and Dalslands Sparbank in Sweden. Independent non-executive directors Randel and Skogster joined in 2023 and 2021, respectively.
Their departure marks a significant shift in Kindred’s governance as FDJ brings its own experienced leaders to the board.
FDJ Directors Bring Extensive Experience to Kindred
To replace the outgoing members, FDJ appointed executives Pascal Chaffard, Edeline Minaire, and Célia Vérot. Chaffard, who will take over as chairman, has been with FDJ since 1994, serving as EVP of finance, performance, and strategy. He also has experience as head of strategy and transformation.
Minaire, FDJ’s finance director for the past five years, began her career at Ernst & Young, specializing in audit and IFRS consulting. Vérot, FDJ’s chief regulation officer since May 2024, brings her expertise from previous roles in the French civil service, including as an advisor at the French prime minister’s office.
The newly structured board, which includes Chaffard, Minaire, Vérot, Randel, and Skogster, will steer Kindred’s future under FDJ’s ownership. This acquisition will integrate Kindred’s B2C services and Relax Gaming studio with FDJ’s online sports betting and gaming platforms like ZEturf and poker, consolidating the competitive online betting and gaming sectors.
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