Marini will take up the role at the end of October
Deltatre has announced that chief commercial officer and deputy CEO Andrea Marini is to replace CEO Giampiero Rinaudo at the end of the month.
Rinaudo is set to retire after 35 years with the company, having been one of the three founders in 1986. He will continue as non-executive chairman and board member, and remain a significant shareholder in the business.
Meanwhile, Marini is to become CEO having held his current role since mid-2019. Successes such as record year-on-year growth and expansions to North America and Asia have propelled him into the position. He will also remain on the board and represent his family’s shareholding in the company.
Rinaudo said: “It is a testament to our incredibly talented and dedicated staff to see how the company has adapted, evolved and grown since we first opened our doors so many years ago. Together, we have established Deltatre as an essential partner to more than 130 of the most significant sports leagues, federations, and media companies across the globe.
“Andrea is exceptionally talented, cares deeply about the organization, and understands what makes Deltatre so unique. There is no person better equipped to lead the company as it enters the next chapter in its growth. Of course, I must also thank George Pyne. Not only is he a great business partner, but he is also a great friend.”
Marini added: “I am honored to take on this new role for Deltatre. It holds special significance for me as I am particularly proud to continue the legacy of my father, Luca, who co-founded Deltatre and served alongside Giampiero as co-CEO for many years. Giampiero has been a fantastic mentor throughout my career, especially during my tenure as Deputy CEO. His industry knowledge, business acumen, and leadership qualities are rare.
“I am particularly excited to continue our strong partnership with George Pyne and the Bruin team. Together we are redefining the sport and media sector, and I am humbled at the trust they have placed in me to guide Deltatre across the next phase of our evolution.”
George Pyne, Bruin Capital founder and CEO, the majority owner of Deltatre, said: “Giampiero is a giant. Under his leadership, Deltatre has become an industry leader, pioneering technology that powers some of the most-watched and consumed sports events of all time. He is a fantastic partner and is a great friend. I want to thank him for everything he has done for us and with us as CEO. After accomplishing so much, I am thrilled that he can spend more time with his growing family, and I’m also pleased that he will still be close by as a shareholder, non-executive chairman, and member of the board.
Pyne continued: “I am also very excited that Andrea will be Deltatre’s new chief executive. He has demonstrated all the essential qualities to run a global company in this era of disruption and transformation. He has the industry’s respect and valuable relationships across sports, media, and technology. He also has an acute understanding of Deltatre’s value proposition. We are confident he can build on its momentum and take its customers and employee community to new levels. I look forward to collaborating with him, and he will have the full extent of our resources and support.”
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