Board of Directors

Morten Klein
Morten Klein
Chairman of the board

Born 1969. Board member since 2011, Chairman of the board since 2017.

Education and professional experience: Studies in business administration and marketing. Extensive experience within the gaming industry, inter alia as founder of AutomatGruppen. Active within the Cherry Group since 2010.

Other current assignments/positions: Chairman of the board of Klein Group AS, Klein Boligeiendom AS, Klein Invest AS and Extra Optical AS. Chairman of the board and CEO of Klein Eiendom AS, Mobile iGaming Group AS and Yes Games AS.

Shareholding in Cherry AB, including related parties (27 March 2019): 500,000 class A shares and 16,131,035 class B shares.

Independency: Dependent in relation to the company, its management and the company’s major shareholders.

In addition to his assignment as chairman of the board, Morten Klein has a special responsibility as working chairman of the board of directors in matters relating to business development and partnership. The chairman of the board is not entitled to represent the company vis-à-vis third parties or any right to make decisions in the context of the CEO’s ongoing management. The duties of the chairman of the board shall also not limit the CEO’s decision-making rights within the framework of the ongoing management.

Mikael Lövgren
Mikael Lövgren
Board member

Born 1961. Board member since 2019.

Education and professional experience:Mikael Lövgren is a Senior Partner for Bridgepoint and Chairman of its Nordic operations. He joined the firm in 2006. Prior to joining Bridgepoint he spent twenty years with The Boston Consulting Group, as the founder and leader of its Nordic Operations. He also spent two years with TV4, the leading Nordic broadcaster.

Other current assignments/positions:AB Svensk Filmindustri, Stronghold Invest AB (publ), Newsec AB and Ellen AB.

Shareholding in Cherry AB, including related parties (27 March 2019): 0 shares.

Independency: Dependent in relation to the company and the company’s major shareholders.

Mika Herold
Mika Herold
Board member

Born 1976. Board member since 2019.

Education and professional experience: Mika has a degree from the London School of Economics and an MBA from the Helsinki School of Economics. Mika Herold is a Partner at Bridgepoint and joined the firm in 2003. Prior to joining Bridgepoint he worked in the investment banking division of Dresdner Kleinwort Wasserstein.

Other current assignments/positions: Evac Oy and A-Katsastus Oy.

Shareholding in Cherry AB, including related parties (27 March 2019): 0 shares.

Independency: Dependent in relation to the company, its management and the company’s major shareholders.

Christopher Bley
Christopher Bley
Board Member

Born 1981. Board member since 2019.

Education and professional experience: MSc in Business Administration and Finance from Stockholm University, School of Business. Christopher Bley is a Director at Bridgepoint and joined the firm in 2007. Prior to joining Bridgepoint he worked in the investment banking division of UBS.

Other current assignments/positions: Diaverum AB and Evac Oy.

Shareholding in Cherry AB, including related parties (27 March 2019): 0 shares.

Independency: Dependent in relation to the company’s major shareholders and its management.

Jörgen Olsson
Jörgen Olsson
Employee Representative and Board Member

Born 1976. Employee representative since 2007.

Education and professional experience: Various studies.

Other current assignments/positions: Board member and employee of Cherry Spelglädje AB.

Shareholding in Cherry AB, including related parties (31 Dec 2018): 6,500 class B shares.

Independency: Independent in relation to the company’s major shareholders but not in relation to the company and its management.