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US – GAN appoints new CFO as it continues towards a US listing

By - 14 January 2020

GAN has appointed Karen Flores as Chief Financial Officer, where she will be responsible for finance, strategic planning, treasury, tax and accounting and will be based at the company’s offices in Irvine, California.

Mrs. Flores brings 20 years of financial management, capital markets and operational experience in both public and private technology companies. Most recently, she served as Vice President of Corporate Financial Planning & Analysis at Alorica, a provider of customer experience and call center outsourcing solutions, where she rebuilt the corporate financial planning & analysis function and managed the global capital planning process, establishing and leading the committee overseeing over $50m in annual capital spending.

Prior to this, Mrs. Flores served as Senior Vice President of Finance at Maker Studios, leading the company through a multi-year period of explosive growth with revenues increasing from $2m to over $200m. Mrs. Flores’ role at the company included acting as shareholder liaison with key institutional investors and managing its US external audit. She was a primary member of the team that raised more than $70m in equity funding and sold the company to The Walt Disney Company for $675m in 2014.

Mrs. Flores has also held financial positions at MySpace Music, Napster, and Microsoft during her career and holds a Bachelor of Science, Finance (Cum Laude) from San Jose State University.

Dermot Smurfit, CEO of GAN, said: “We are pleased to welcome Karen to our leadership team as we continue working toward obtaining a U.S. listing as soon as reasonably practical. With two decades of financial management and operational experience at entertainment and technology companies, Karen has managed the Finance function of companies with substantial revenues and gained highly relevant corporate transactional experience. We believe Karen’s experience and skillset will prove invaluable to our financial and strategic planning as our business growth continues to accelerate. The entire leadership team at GAN looks forward to working closely with Karen who will be a critical part in helping us achieve both short- and long-term goals.”

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