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Gfinity appoints former Manchester City CFO as new global chief operating officer

Graham Wallace had previously served as both COO and CFO of the football club, having also served as the chief executive of Scottish football club Rangers
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Wallace led Man City's business transformation programme between 2009 and 2013

Gfinity Plc (LON:GFIN) said it has appointed sports and media executive Graham Wallace to the newly created position of global chief operating officer.

The AIM-listed esports broadcaster said Wallace had previously held senior executive positions with several sports and entertainment companies including Viacom, MTV Networks Europe, and IMG Media. He was also chief financial officer and chief operating officer at Manchester City football club where he led a business transformation programme between 2009 and 2013. He then joined Rangers FC as Chief Executive where he helped to lead the rebuilding of the club following its exit from administration.

READ: Gfinity shares jump as it names sports industry heavyweight Garry Cook executive chairman

Garry Cook, executive chairman of Gfinity, said: “[Graham’s] leadership and operational skills, combined with extensive knowledge of the media, sports and entertainment sectors will be invaluable as we begin to write the next chapter of the Gfinity story.

He added: “The esports industry is expected to grow to US$1.65bn globally by 2021. With a clear strategy and an experienced leadership team now in place, Gfinity will be able to take full advantage of this growth and build upon its position as a world leader in the esports community."

The company added in the announcement that it would award Wallace and Cook options on new ordinary shares representing 3% each of the company’s current share capital.

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Gfinity Plc Timeline

August 06 2018

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