Paradox Interactive hires new CFO
Alexander Bricca to join the company within 6 months
STOCKHOLM — October 30, 2017 — Paradox Interactive today announced that the company has hired a new CFO scheduled to begin within 6 months.
Alexander Bricca joins Paradox from Viaplay, MTG’s Nordic premium online video streaming service, where he has served as CFO since January 2014. Alexander has also served on the Board of Directors at Stillfront Group AB since October 2008. Stillfront is a developer and publisher of digital games and listed on Nasdaq First North.
“Alexander was our clear number one choice in our search for our new CFO” said Fredrik Wester, CEO of Paradox Interactive. “His professional qualifications are a perfect match for Paradox but even more importantly he can relate to our drive, curiosity and passion for the Paradox that we want to build over the coming years and he is excited to be a part of our journey to come”.
Alexander has 17 years of professional experience as CFO, Director, Investment Manager, Founder and Business Lawyer within digital media, online and professional services. His experiences include venture capital, M&A and financial transactions. And he has worked in businesses in start-up, growth and transformation phases.
“I am very excited to join Paradox and participate in the next step of the company’s journey” said Alexander Bricca. “Fredrik and his team have built a fantastic company with strong IPs and loyal customers. I look forward to being part of this team of highly skilled people that are deeply passionate about their products and players.”
As previously communicated, current CFO Andras Vajlok will remain with the company until Alexander has started and a thorough transition has taken place.
For additional information, please contact:
Fredrik Wester, CEO Paradox Interactive
Andras Vajlok, CFO Paradox Interactive
Phone: +4670-355 54 89
This information is information that Paradox Interactive AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication on October 30, 2017.
About Paradox Interactive
The Paradox Interactive group includes publishing and internal development of games and licensing of White Wolf’s brands. The publishing operation publishes both internally developed titles and titles developed by independent studios as well as music and books. The game portfolio includes more than 90 titles and Paradox Interactive owns the most important brands, including Stellaris, Europa Universalis, Hearts of Iron, Crusader Kings, Cities: Skylines, Tyranny and Magicka. From the start over ten years ago, the company has published its games all over the world, initially through physical distribution using partners, but beginning in 2006 has primarily distributed digitally using its own publishing arm. The development platform is primarily PC, but the company has released games on console and mobile platforms as well. The largest markets today include the US, UK, Germany, France, Russia and Scandinavia. Today, close to 1.5 million gamers play a Paradox game each month and the number of Paradox registered users exceeds six million.
Paradox Interactive AB (publ)’s shares are listed on Nasdaq Stockholm First North Premier under ticker PDX. Avanza Bank is the company’s Certified Adviser. For more information, please visit www.paradoxinteractive.com.