Management ChangeApr 28, 2026, 07:08 AM
SRAD Appoints Sameer Deen as COO; Enhances $250M Share Buyback
AI Summary
Sportradar Group AG announced the appointment of Sameer Deen as Chief Operating Officer, effective May 18, 2026. Mr. Deen brings over 25 years of industry experience across sports betting, media, and digital commerce, previously serving as CCO & President at Entain plc. The company also reported its first quarter 2026 financial results and entered into an enhanced open market repurchase program to buy back up to $250.0 million of its Class A ordinary shares, as part of its $1.0 billion share repurchase plan.
Key Highlights
- Sameer Deen appointed Chief Operating Officer, effective May 18, 2026.
- Mr. Deen brings over 25 years of experience in sports betting, media, and digital commerce.
- He previously served as Chief Commercial Officer & President at Entain plc.
- Company announced its first quarter 2026 financial results.
- Entered an enhanced open market repurchase program for up to $250.0 million in Class A ordinary shares.
- This is part of the previously announced $1.0 billion share repurchase plan.
- As of April 24, 2026, $228 million (12.5 million shares) had been repurchased under the plan.
- The new $250 million program runs from May 1, 2026, through August 28, 2026.