Sportradar announces additional changes amid structure reorganisation

Sportradar has released details of additional actions as it streamlines its organisation.

The company will operate six different departments， which will be effective immediately.

These will be Product Delivery and Operations led by Warren Murphy， Growth and Innovation led by Nick Maywald， Commercial led by Eduard Blonk， Legal， Risk and Administrative Services led by Lynn McCreary， People led by Severine Riviere-Gerstner and finally Finance led by Gerard Griffin.

Carsten Koerl， Sportradar CEO， said: “I am excited to announce this new global organisation and leadership structure， which aligns our teams on our strategic priorities， promotes agile execution and better positions Sportradar for future growth.

“By centralising our key business functions， we will foster greater collaboration and faster decision-making，slots enabling us to drive further operating efficiencies and increased innovation across our business.

“These decisive steps will enable us to better serve our clients and partners as well as capture the significant market opportunities ahead of us.”

Sportradar hopes that these changes will improve product development， company growth， profitability and shareholder value.

Koerl continued: “I am confident we have the right leaders in place， intently focused on executing on our strategic priorities.

“For 2023， we remain on track to deliver on our strong growth targets and are well positioned to maintain that momentum into 2024.”

As part of this reorganisation， Ulrich Harmuth， CSO and Gerard Griffin， CFO will be leaving the company.

Koerl concluded: “I want to thank Ger for his contributions to Sportradar.

He has meaningfully strengthened our finance team with a deep and talented bench that will continue to contribute to the Company as we look to drive growth and profitability into the future.

“I also want to thank Ulrich for his contributions to our company， clients and partners that have positioned Sportradar for continued success.”

In other aspects of its business， Sportradar released its new FanID marketing solution recently， which will generate sports fan data without the use of third-party cookies.