GAN has announced a search for a new Chief Financial Officer following the resignation of Karen E Flores from the position.

GAN, who is operational in the Canadian market with Coolbet, has stated that Flores’ resignation as CFO and from its board of directors is effective from today, with Brian Chang, current SVP and Corporate Controller, assuming CFO duties in an interim position.

The sports betting operator’s CEO Dermot Smurfit reflected on Flores’ time with the company, noting that she was “critical” in the acquisition of Coolbet in the early part of last year.

“Karen’s leadership and financial acumen have been critical parts of GAN’s evolution to a US-listed public company as well as our, at times, complex acquisition of Coolbet in early 2021,” commented Smurfit.

“I am deeply appreciative of Karen’s dedication to GAN and wish her all the best for the future.”

GAN added that its search for its next CFO is underway and that it hopes to provide an update on the process soon.