GI Huddle: Interview with Maximiliashko, Co-CEO of Pari Match

Introduction

• Interview with Maximiliashko, Co-CEO of Pari Match
• Discussion about the company's recent executive restructure and the establishment of a new supervisory board

Company's Restructure

• **Two Significant Changes:
  1. Introduction of Supervisory Board
  2. Transition from one CEO to two Co-CEOs (Maximiliashko and Roman Siratian)**
  • Sergei Portnov transitioned from CEO to Chairman of the Supervisory Board
  • Supervisory Board to provide a monthly strategic overview

Role of Sergei Portnov

• Creating the agenda for the Supervisory Board
• Leading discussions on the Supervisory Board
• Requesting specific information from Co-CEOs
• Focusing on partnerships and high-level discussions

Responsibilities of Co-CEOs

• Maximiliashko: Focus on finance, legal, administrative, PR, and GR roles
• Roman Siratian: Focus on IT and marketing

Strategic Goals

• Public Operation Model: Exploring IPO, bonds, or SPACs for going public
• Franchise Business Model: Expansion to other countries through partnerships to use their software and trademarks
  • Aim to collect royalties from franchisees' operations

Benefits and Challenges of Co-CEO Structure

• Benefits:
  • Allows specialization and division of tasks between co-CEOs
  • Strategic issues are observed from multiple perspectives
  • Ensures company remains operationally efficient
• Challenges:
  • Initial ambiguity for external stakeholders on who to contact
  • Requirement of a PR campaign to clearly define roles to the public

Final Words

• Strategic goals for public operation, global expansion, and franchise models emphasized
• Closing remarks on the cooperative and structured approach between co-CEOs