Tiidal Gaming Group Corp (CSE:TIDL) told investors it has appointed tech veteran Tom Hearne as its CEO and member of its board of directors.
The esports and gaming platform company said Hearne has extensive experience as a senior executive having scaled publicly traded technology companies, including in his roles as past chief financial officer of theScore, OpenText, and London Stock Exchange-listed Sportech.
Tiidal noted that throughout his career, Hearne has on multiple occasions led companies through their rapid growth stage from startup revenues through $100 million run rates and has been an instrumental part in numerous financing efforts, raising over $500 million.
“Mr. Hearne joins Tiidal Gaming as CEO at a pivotal time in the company’s history as it focuses on rapid growth and commercialization of its Sportsflare market-leading technology products, including Betbuilder, Esports Odds, and Bet-on-Yourself, and Lazarus’ media and competitive esports offerings,” the company said in a statement.
Building on this existing foundation, Tiidal said Hearne will look to increase efficiencies of existing business lines, expand its presence in the burgeoning esports sector, and implement a growth strategy that includes organic growth and strategic mergers and acquisitions.
“I am excited to be joining Tiidal and look forward to working closely with Charlie, Max, and the board to deliver on core objectives and maximize the potential of the company’s media and technology opportunities,” Hearne said.
“There is a generational opportunity at the intersection of the major secular trends of gaming, media, and betting to build engaging experiences for the next generation of fan and consumer. I believe that Tiidal is uniquely positioned to be a leader in this revolution through its proprietary technology, significant viewership and brand following, and a board and advisors of industry leaders across technology, media and sports and entertainment.”
Tiidal’s recently-appointed chief gaming officer Charlie Watson commented: “We set out to build a scalable leader when we formed Tiidal with the mandate to own and operate strategic assets across the gaming and esports ecosystems.
“Tom brings the perfect blend of technology, media and capital markets experience, and I sincerely believe that we, our company and shareholders, will benefit from his leadership in our next phase of growth.”
Tiidal Gaming Group Corp (CSE:TIDL) is a leading media and technology platform enabling next-generation engagement in esports and gaming.
The company is positioned at the intersection of gaming, media, and betting, enabling its partners to create positive, engaging, and immersive fan and consumer experiences through its industry-leading media and technology offerings.
Contact the author at stephen.gunnion@proactiveinvestors.com