Fragbite Group CEO Marcus Teilman steps down

Marcus Teilman, the CEO of gaming and esports firm Fragbite Group, has resigned from his position.

The company said he will leave to “pursue new challenges,” and will be replaced by chairman of the group’s board of directors Stefan Tengvall on an interim basis. Tengvall will step down as chairman and will be replaced by current board member Sten Wranne.

Teilman worked at Fragbite for over three years, originally joining as deputy CEO and head of M&A.

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