- Esports Mogul (ESH) announces the resignation of its Chief Executive Officer, Michael Rubinelli
- Michael Rubinelli will hand over the reins to non-executive Director, Chris Bergstresser
- The appointment is for an initial six-month term, for $10,000 per month in addition to the monthly issue of 1,666,666 fully paid ordinary shares at an issue price of $0.006 each
- In the new role, the incoming Executive Director will leverage Mogul’s existing tournament technology, while leading Mogul’s execution of its buy and build strategy
- Esports Mogul flopped 14.3 per cent, trading at 0.6 cents at 11:05 am AEDT
Esports Mogul (ESH) shares have fallen following the resignation of its Chief Executive Officer, Michael Rubinelli.
The former Disney executive and gaming industry identity first joined the Esports team in August 2020 after a global search.
Michael Rubinelli will hand over the reins to non-executive Director, Chris Bergstresser.
The incoming Executive Director is a senior entertainment executive with 30 years of experience founding, buying, and building companies in the gaming and mobile sectors.
The appointment is for an initial six-month term, for $10,000 per month in addition to the monthly issue of 1,666,666 fully paid ordinary shares at an issue price of $0.006 each.
“Chris’ appointment as Executive Director is very exciting for Mogul,” Esports Mogul’s Chairman, Gernot Abl, said.
“Chris brings an impressive track record of generating shareholder value through execution of buy and build strategies in the video gaming sector and we are excited for where that can take Mogul.”
In the new role, Chris Bergstresser will leverage Mogul’s existing tournament technology, whilst also leading Mogul’s execution of buy and build strategy in the gaming sector.
Mogul owns and operates the mogul.gg tournament platform, which is considered the world’s most advanced pure-play online esports tournament and matchmaking platform, offering automation for major esports titles, including in platform chat and streaming functionality.
Esports Mogul flopped 14.3 per cent, trading at 0.6 cents at 11:05 am AEDT.