Rightbridge appoints Claes Kalborg as new CEO

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Nasdaq First North-listed investment company Rightbridge Ventures Group AB appoints Claes Kalborg as new CEO. Claes Kalborg - who assumes the position with immediate effect - has experience from leading positions in several of the world's leading gaming companies, including Rovio and King. Claes Kalborg succeeds Carlos Barrios.

RightBridge is an investment company that owns and manages growth companies in the e-sports and gaming industry, digital media and Web3. The goal is to create an ecosystem that seeks synergies around revenue, marketing, sales, customer acquisition and technologies.

"With Claes Kalborg, Rightbridge gets a CEO with the right experience to turn the company's development around and realize the values of the company's portfolio," says Mads Jörgensen, newly appointed chairman of the board and main investor in Rightbridge, and continues:

"Board and management will now work together intensively to develop a plan that enables Rightbridge to become a successful investment company in gaming, digital media and Web3."

Claes Kalborg is an industry veteran with over 25 years of experience as an entrepreneur in the entertainment and gaming industry. He has held leading positions at MTG, Modern Times Group (MTG), Rovio and King. Furthermore, Claes Kalborg also has significant experience of serving as member of the board of directors, including in several listed companies, such as Fragbite, Lady Luck and Flexion Mobile.

Among other things, he was Senior Vice President of Global Licensing at Rovio and managed the global licensing rights for Angry Birds with over 500 licensees. He held the same position at King in London, handling global rights for the Candy Crush saga.

"Claes Kalborg's background in brand extension and licensing in the global market makes him the perfect candidate for Rightbridge in the company's current turnaround situation," says Mads Jörgensen.

The board thanked Carlos Barrios for his time at Rightbridge and wish him good luck in future endeavours.

For further information contact:

Mads Jörgensen, chairman of the board Rightbridge Ventures Group, phone +45 – 28 97 15 75

Claes Kalborg, incoming CEO Rightbridge Ventures Group, phone 073 – 444 55 07

About Rightbridge Ventures Group

RightBridge Ventures is a compounder and investment company based in Stockholm (Sweden) dedicated to investing in companies that shape the future of esports and gaming as part of the digital media and entertainment industry. For more information visit www.rightbridge.se or get updates by following us on Twitter on Instagram and LinkedIn.

DISCLOSURE

This information is information that RightBridge Ventures Group AB (publ) is obliged to make public according to the EU's market abuse regulation (MAR). The information was provided, through the above contact person, for publication on 20.10.2023.

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