Continent 8 recruits new chief financial officer from US private equity firm

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iGaming service provider Continent 8 Technologies has appointed Kristian Valenta to the role of chief financial officer.

Before joining the hosting, connectivity, cloud and security provider, Valenta has held a number of senior level roles, most recently as vice president at technology, media and telecommunications group at US private equity firm Novacap.

He left Novacap in September after more than eight years with the company.

During his time at Novacap, he led numerous fund-related activities, supported various capital raises, headed several M&A and corporate finance efforts and was an active board member across numerous portfolio companies within the technology group.

Continent 8 CEO Michael Tobin said: “Over the last few years, we have built an exceptional team at Continent 8, growing our head count year-on-year.

“Kristian’s appointment is a significant one for our business during a period of fast growth as new markets regulate and open for business.

“Kristian brings a wealth of experience and passion to Continent 8, making him an invaluable member of our leadership group,” he added.

Continent 8 CEO Michael Tobin: “Over the last few years, we have built an exceptional team at Continent 8, growing our head count year-on-year. Kristian’s appointment is a significant one for our business during a period of fast growth as new markets regulate and open for business.”

Based in Montreal and reporting directly to Tobin, Valenta’s role at Continent 8 will see him continue to build on the company’s existing plans for expansion.

The company already has data centres and strategic points of presence in over 85 connected locations spanning Europe, the Americas and Asia.

Commenting on his appointment, he said: “It is an honour to join Continent 8, a company that has established itself as a highly respected leader in its field.

“My role as CFO will provide me with an exciting opportunity to work alongside a committed executive team and I look forward to playing an integral role in the company’s continued growth globally.”

Valenta will be responsible for the company’s overall finances, while working alongside the executive team on policy, operations and Continent 8’s overarching strategy.

About the author

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Sonja Lindenberg

Sonja Lindenberg is an experienced editor and journalist, with a strong focus on business, finance, trade and investment. She holds a degree in business journalism and throughout the past two decades has covered companies and industries in various markets and for different media, including newspapers, news agencies, inflight magazines, country reports and trade publications. Sonja joined iGaming NEXT in June 2022.

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