SEGG Media Announces Leadership Changes to Drive Growth
Globenewswire·2025-12-01 15:17

Core Insights - SEGG Media Corporation has announced significant leadership changes, terminating CEO Matthew McGahan and appointing CFO Robert Stubblefield as Interim CEO [1][2][5] - The company is entering a new growth phase, focusing on revenue expansion through its digital properties and strategic acquisitions [2][4] - Stubblefield aims to ensure financial stability and rebuild shareholder value by emphasizing responsible revenue growth and operational discipline [4][5] Leadership Changes - Matthew McGahan has been removed as CEO, Secretary, and President, while Robert Stubblefield has been appointed as Interim CEO and Marc Bircham as Chairman [1][5] - McGahan will remain a Company Director until the next annual meeting of shareholders [1] Growth Strategy - SEGG Media is leveraging its digital assets, including Sports.com, Concerts.com, and Lottery.com, to achieve over 102 million views across platforms in 2025 [2] - The leadership changes are intended to support upcoming strategic acquisitions and enhance operational discipline [2][4] Interim CEO's Vision - Robert Stubblefield emphasizes a focus on financial stability, disciplined execution, and long-term shareholder value [4][5] - He will oversee the expansion of the Sports.com brand and the launch of Concerts.com while maintaining the momentum of existing revenue drivers [4] Company Overview - SEGG Media integrates traditional assets with blockchain innovation, focusing on immersive fan engagement and ethical gaming [6]