GlobeNewswire by notified

Sportradar Appoints Behshad Behzadi as Company’s Chief Technology Officer and Chief Artificial Intelligence Officer

Share

Recognized global technology leader and co-founder of transformative Google products to accelerate the adoption of AI and product development

ST. GALLEN, Switzerland, May 01, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ: SRAD) (“Sportradar” or the “Company”) today announced that Behshad Behzadi has been named Chief Technology Officer and Chief Artificial Intelligence Officer of the Company (CTO and CAIO), effective May 1.

As Sportradar’s CTO and CAIO, Behzadi will be based in the organization’s headquarters in Switzerland and report directly to Chief Executive Officer, Carsten Koerl. Working collaboratively across the organization, Behzadi will drive the usage and adoption of AI and cutting-edge technology to enhance its product offerings and roadmap to deliver hyper-personalized experiences for sports fans. Additionally, his extensive experience in leading initiatives aimed at improving internal operational efficiency will help optimize processes and drive innovation across the business. Sportradar has the largest global coverage of sports data, fan insights and betting liquidity. The usage of cutting-edge AI will help to drive the Company’s future efficiency and can create significant value for clients and stakeholders.

Koerl said: “We are proud to welcome Behshad, a world-renowned leader in harnessing generative AI and other advanced technologies, who marries a unique blend of technical expertise and business acumen. His proven track record in developing and commercializing product strategies to accelerate growth and innovation, as well as spearheading initiatives aimed at improving internal operational efficiency, will bolster our leadership position, keeping Sportradar at the forefront of technological advancement.”

With more than 20 years of experience, Behzadi is a distinguished computer scientist and recognized global technology leader with expertise in algorithms, search ranking, natural language processing, speech recognition, machine learning and generative AI. Behzadi joined Google Zurich in 2006 and has played a key role in Google’s AI-first strategy as co-founder of Google Assistant, Google Lens, Google Smart Display and the Next Gen Assistant, a breakthrough in mobile assistant technology with on-device Machine Learning. Most recently, he led Google Cloud's Conversational AI and applied Generative AI initiative focusing on applying the latest AI advancements to reimagine and automate customer services and operations for large enterprises.  Behzadi earned a PhD in Bioinformatics from Ecole Polytechnique in Paris and did postdoctoral research at the Max Planck Institute for Molecular Genetics.

Behzadi said: “Sportradar is an exceptional company and category leader operating at the global intersection of sports, technology and digital content. I am very excited to join an organization that pushes the boundaries on technology and puts a premium on innovation. I look forward to working alongside Carsten, the rest of the executive management team and their talented group of creators to continue Sportradar’s history of innovation as the Company enters its next exciting chapter.”

About Sportradar
Sportradar Group AG (NASDAQ: SRAD), founded in 2001, is a leading global sports technology company creating immersive experiences for sports fans and bettors. Positioned at the intersection of the sports, media and betting industries, the company provides sports federations, news media, consumer platforms and sports betting operators with a best-in-class range of solutions to help grow their business. As the trusted partner of organizations like the ATP, NBA, NHL, MLB, NASCAR, UEFA, FIFA, and Bundesliga, Sportradar covers close to a million events annually across all major sports. With deep industry relationships and expertise, Sportradar is not just redefining the sports fan experience, it also safeguards sports through its Integrity Services division and advocacy for an integrity-driven environment for all involved.  

For more information about Sportradar, please visit www.sportradar.com

Sportradar Contacts

Press Contact:
Sandra Lee
press@sportradar.com

Investor Relations Contact:
Jim Bombassei
Investor.relations@sportradar.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e9d3aaec-9845-4361-9bab-171b5079031d

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

Correction: The Board of Directors of Eezy Plc has resolved to change the target levels of the performance criteria for the fourth performance period of the share-based incentive plan for the company's key employees21.5.2024 13:30:00 CEST | Press release

EEZY PLC -- STOCK EXCHANGE RELEASE – 21 MAY 2024 AT 14:30 PM Correction: The Board of Directors of Eezy Plc has resolved to change the target levels of the performance criteria for the fourth performance period of the share-based incentive plan for the company's key employees Eezy Plc corrects its stock exchange release about changes to the target levels of the performance criteria for the fourth performance period of the share-based incentive plan for the company's key employees published on 20 May 2024 at 13:30 EET. The release incorrectly stated that Eezy Oyj’s Board of Directors had decided to change the target levels for total shareholder return and revenue percentage according to the terms of the stock option plan. The accurate information is that the target levels are being adjusted for total shareholder return and operating profit percentage. The corrected stock exchange release as a whole is available below. The Board of Directors of Eezy Plc has resolved to change the target

Bombardier Announces Launch of its New Issuance of Senior Notes due 203221.5.2024 13:29:12 CEST | Press release

MONTREAL, May 21, 2024 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has launched an offering of US$500 million aggregate principal amount of new Senior Notes due 2032 (the “New Notes”). Bombardier intends to use the proceeds of the offering of the New Notes, together with cash on hand, (i) to fund the repayment and/or retirement of outstanding indebtedness, including the redemption of US$240 million aggregate principal amount of its outstanding 7.125% Senior Notes due 2026 (the “2026 Notes”, and such redemption, the “Conditional 2026 Notes Redemption”) and the redemption of US$300 million aggregate principal amount of its outstanding 7.875% Senior Notes due 2027 (the “2027 Notes”, and such redemption, the “Conditional 2027 Notes Redemption”), and (ii) to pay accrued interest and related fees and expenses. As of the date hereof, there is US$504 million aggregate principal amount outstanding of the 2026 Notes and US$1,433 million aggregate principal amount o

Transactions in Connection with Share Buy-back Program21.5.2024 13:19:21 CEST | Press release

Company Announcement COPENHAGEN, Denmark; May 21, 2024 – Genmab A/S (Nasdaq: GMAB). On March 15, 2024, Genmab announced the initiation of a share buy-back program to repurchase up to DKK 3.5 billion worth of shares. The share buy-back program is expected to be completed no later than December 16, 2024. The following transactions were executed under the program from May 13, 2024 to May 17, 2024: Trading PlatformNo. of sharesAverage price (DKK)Total value (DKK)Accumulated through last announcement689,6551,393,466,215.08May 13, 2024XCSE8,5601,985.17CEUX6,2291,984.75AQEU8411,984.14TQEX9221,984.09Total16,5521,984.9032,854,031.70May 14, 2024XCSE10,2412,028.31CEUX5,6422,030.04AQEU7672,031.60TQEX1,1312,028.54Total17,7812,029.0136,077,876.60May 15, 2024XCSECEUXAQEUTQEXTotal00.000.00May 16, 2024XCSECEUXAQEUTQEXTotal00.000.00May 17, 2024XCSECEUXAQEUTQEXTotal00.000.00Total34,33368,931,908.30Accumulated under the program723,9981,462,398,123.38 Details of each transaction are included as an appendix

Storaktionærmeddelelse – Direktør Svend Hornsylds Legat21.5.2024 13:17:55 CEST | pressemeddelelse

I henhold til § 30 i lov om kapitalmarkeder oplyses det hermed, at Direktør Svend Hornsylds Legat i henhold til § 38, stk. 1, i lov om kapitalmarkeder, har meddelt Aktieselskabet Schouw & Co., at Direktør Svend Hornsylds Legat den 17. maj 2024, som følge af den i Aktieselskabet Schouw & Co. gennemførte kapitalnedsættelse, har øget sin beholdning af aktier i selskabet til 15,12% af den samlede aktiekapital. Besiddelsen overstiger dermed 15%, jf. § 38 i lov om kapitalmarkeder. Aktieselskabet Schouw & Co. Jørgen Dencker Wisborg, bestyrelsesformand Jens Bjerg Sørensen, adm. direktør, telefon +45 86 11 22 22 Vedhæftet fil 2024-05-21 FBM24-32 Storaktionærmeddelelse DK

Major shareholder announcement – Direktør Svend Hornsylds Legat21.5.2024 13:17:55 CEST | Press release

Pursuant to section 30 of the Danish Capital Markets Act, it is hereby announced that Direktør Svend Hornsylds Legat has notified Aktieselskabet Schouw & Co. pursuant to section 38(1) of the Danish Capital Markets Act that Direktør Svend Hornsylds Legat on 17 May 2024, as a result of the capital reduction carried out in Aktieselskabet Schouw & Co., increased its holding of treasury shares in the company to 15.12% of the total share capital. The holding thus exceeds 15%, cf. section 38 of the Danish Capital Markets Act. Aktieselskabet Schouw & Co. Jørgen Dencker Wisborg, Chairman Jens Bjerg Sørensen, President, telephone number +45 86 11 22 22 Attachment 2024-05-21 FBM24-32 Storaktionærmeddelelse ENG

HiddenA line styled icon from Orion Icon Library.Eye