GeoComply Appoints New CFO and COO as Executive Restructuring Continues
Marco Stotani and Mahmoud El Shennawy have stepped into chief financial and chief operating officer roles, reflecting GeoComply's ongoing C-suite transformation.
Key Takeaways
- GeoComply has promoted Marco Stotani to CFO and Mahmoud El Shennawy to COO as part of a management overhaul.
- Former CFO Lindsey Drake departed to AWS last year, with Stotani and El Shennawy both advancing from internal roles.
- Steven Vo was recently promoted to CTO, and Vladyslav Serzhantov now leads product and innovation.
- The appointments reflect GeoComply's emphasis on internal advancement and continuity.
- GeoComply operates from both New York and Vancouver, targeting growth in regulated iGaming markets.
GeoComply has advanced its ongoing executive reorganisation with the internal appointments of Marco Stotani as chief financial officer and Mahmoud El Shennawy as chief operating officer this month. Both executives moved up from leadership roles inside the company, following a series of changes to the supplier's top management that began earlier this year.
GeoComply's C-suite reshuffle: New CFO and COO announced
The geolocation technology supplier, GeoComply, confirmed that Marco Stotani will head finance and Mahmoud El Shennawy becomes COO. Their promotions coincide with the recent elevation of Steven Vo to chief technology officer, rounding out the firm's reconfigured top team. Stotani joined GeoComply as director of corporate development in October 2021 after serving as an associate and vice-president at Deutsche Bank. He moved into the chief business officer position in March 2025 before his latest appointment. Mahmoud El Shennawy brings board-level experience from his previous tenure at Paysafe, joining GeoComply in 2020 in business development before rising quickly through senior roles. His path included a move to senior director of business development in September 2022 and head of special projects in January 2025, followed by a spell as chief of staff from September last year. Stotani will operate from New York, while El Shennawy will be based in Vancouver.
Strategic leadership continuity after recent departures
This leadership update follows the departure of Lindsey Drake, GeoComply’s former CFO, who left last year to rejoin Amazon Web Services (AWS). The strategic approach to succession favoured internal advancement for key posts, aiming to sustain continuity while bringing new energy to the executive bench. Alongside the headline appointments, company veteran Vladyslav Serzhantov has stepped into the role of vice-president of product and innovation. Serzhantov, credited for his long-standing contribution since 2017 and a brief hiatus at SoftBistro, rejoined GeoComply in September 2018 and now holds a broader innovative mandate.
GeoComply's expanding leadership team and growth context
GeoComply, founded in 2011 by Anna Sainsbury and David Briggs, has steadily expanded its C-suite, recently attracting high-profile industry leaders. In 2025, the firm appointed former FanDuel chief executive officer Kip Levin as CEO. Sainsbury transitioned to executive chair simultaneously. This shift signaled a broadening of GeoComply’s ambitions in the compliance and geolocation sector, serving regulated iGaming and sports betting operators across the US and globally. The leadership pipeline, populated by long-tenured company insiders and external hires, suggests the supplier is balancing innovation with stability as the industry continues its rapid evolution, especially in high-compliance regions discussed in regulation.
Senior exec perspectives and company direction
On his promotion, Marco Stotani acknowledged the role of GeoComply's founders and current CEO in his professional advancement:
"To Anna Sainsbury and David Briggs – thank you for your trust from the day I joined in 2021... To Kip Levin – your mentorship and leadership over the last 18 months have shaped me as a leader and as a person." — Marco Stotani, GeoComply CFO
This internal approach to succession mirrors the company’s philosophy of building deep institutional knowledge and maintaining close leadership alignment during periods of sector volatility.
Market positioning and next steps for GeoComply
The appointment of Stotani and El Shennawy—alongside the CTO and product leadership moves—reflects GeoComply’s intent to preserve specialist expertise within its senior management ranks. With operating hubs in both New York and Vancouver, the company continues to reinforce its operational footprint in two of North America's main digital gaming and payment compliance markets. The mix of tenure, advancement, and strategic hires indicates GeoComply’s commitment to supporting its B2B partners amid rising regulatory complexities in the U.S. and internationally. Future activities for the expanded leadership team are likely to focus on technology innovation, regulated market growth, and supporting the broader compliance needs of online operators found in b2b and news.
GeoComply’s main shareholder founders, high-profile CEO, and now revamped C-suite provide a foundation for ongoing product development, client support, and market expansion as the compliance landscape for iGaming and payments grows in complexity.
Frequently Asked Questions
Who has been appointed CFO and COO at GeoComply?
Marco Stotani has been named chief financial officer and Mahmoud El Shennawy has been appointed chief operating officer. Both were promoted from leadership positions within GeoComply during a broader C-suite refresh.
Where will GeoComply’s new CFO and COO be based?
Marco Stotani will operate out of New York while Mahmoud El Shennawy will be located in Vancouver, reinforcing GeoComply’s presence in both US and Canadian markets.
What roles did the new executives previously hold at GeoComply?
Stotani joined GeoComply in 2021 as director of corporate development, became chief business officer in March 2025, and now serves as CFO. El Shennawy joined in 2020, advancing through business development roles, then head of special projects and chief of staff before becoming COO.
Who else has recently joined GeoComply's executive team?
Steven Vo was promoted to chief technology officer earlier in the month, and company veteran Vladyslav Serzhantov became vice-president of product and innovation. These appointments are part of the ongoing leadership restructuring.
Who is the current CEO and executive chair at GeoComply?
Kip Levin, former CEO of FanDuel, is the current CEO of GeoComply. Anna Sainsbury, company co-founder, has stepped into the executive chair role as part of the company’s recent strategic leadership changes.
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Marcus Webb
Industry Deals Correspondent
Marcus Webb covers the deal flow of the gambling industry — operator strategy, M&A, market entries, and product launches from sportsbook rebrands to full platform migrations. The reports name the companies, valuations, and jurisdictions exactly as disclosed and separate the announcement from its market impact. When a group consolidates a brand or a challenger launches into a new state, Marcus Webb explains who gains, who pays, and what closes next quarter.
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