The board of FDJ United has announced that Nils Andén has resigned as Chief Online Betting & Gaming Officer of the Paris Euronext-listed gambling group.
The departure of Andén, the former Group CEO of Kindred Group, was announced in an accompanying statement to the firm’s FY2025 results this morning.
The notice informed investors of changes to the executive committee, which will see Andén succeeded by FDJ CFO Pascal Chaffard as Chief Officer of FDJ’s enlarged online gambling unit.
Andén is credited as one of the dealmakers who led the sale of Kindred Group to FDJ for €2.5bn (completed in October 2024). The update stated that Andén has chosen to “pursue new projects”.
A former executive of Unibet, Andén returned to lead Kindred Group in 2023 as Interim CEO following the departure of Henrik Tjärnström.
He immediately took full leadership duties as Kindred investors backed plans to sell the Stockholm-listed iGaming group, noting that it had reached peak capacity in its core markets of the Nordics and Netherlands.
The change in C-level duties sees the FDJ board begin an executive search for a new Group Chief Financial Officer (CFO) to succeed Chaffard.
Investors were notified: “The appointment of the new CFO will be announced at the end of the recruitment process currently under way.”
The update concluded by announcing that Chief Regulatory Officer (CRO) Célia Vérot has accepted expanded duties as General Secretary, General Counsel and Chief Regulatory Officer for the Group, effective 1 January.
The leadership overhaul comes as FDJ begins the second year of its integration of Kindred Group’s brands, systems and platforms to strengthen its online gambling business.
FY2025 accounts saw Group EBITDA decline by 6% to €902m, with FDJ noting an expanded tax bill rising to €130m on its balance sheet.
Higher taxes, combined with year-one integration costs related to Kindred assets, saw Group profits halve to €176m (FY2024: €399m).
Early projections for 2026 indicate that FDJ expects its tax bill to increase by a further €90m. However, Group leadership has raised projected cumulative savings to approximately €150m.
Group CEO Stéphane Pallez acknowledged the tax impact on commercial conditions, yet underscored to investors that FDJ was ahead of schedule on all key integration projects.
This week, it was also announced that French flagship sportsbook ParionsSport would consolidate its online offering under the Unibet.fr platform from March.