Tag Archives: Aland Islands

Year of corporate restructuring impacts Paf bottom-line

Finnish state-owned gambling operator Paf has announced that it will donate approximately €20 million to national charities and social initiatives, following its full-year 2016 financial update. A year of corporate restructuring, which saw Paf appoint former Tain Networks Executive Per Sahlberg as its new CEO. Paf would report flat-line corporate revenues of €113 million (FY 2015: €110 million). Nevertheless, Paf …

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Corporate strategy fallout sees Ander Ingves depart as CEO of Paf

Scandinavian news sources have reported that Ander Ingves has resigned as Chief Executive of Paf following an ongoing dispute with corporate governance regarding the future strategy of the gambling operator. The board of directors of the Aland Islands licensed company, confirmed to local news sources that Ingves had left the company last week, and had been temporarily replaced by Chief …

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