GeoComply reorganizes its executive leadership with CFO and COO appointments

GeoComply, a global provider of geolocation solutions for the iGaming sector, has reorganized its executive leadership with the internal appointment of a new Chief Financial Officer (CFO) and Chief Operating Officer (COO). Marco Stotani takes on the CFO role, while Mahmoud El Shennawy will assume the COO position. These appointments follow the recent promotion of Steven Vo to Chief Technology Officer (CTO) in early September.

Executive Renewal at GeoComply: Focus on Internal Talent

With the departure of Lindsey Drake from the financial area in 2025, who returned to AWS, GeoComply placed its trust in Marco Stotani. Stotani, with prior experience as an associate and vice president at Deutsche Bank, joined GeoComply in October 2021 as the Director of Corporate Development. He was elevated to Chief Business Officer in March 2025 and now, from the New York headquarters, will lead the company's global financial strategy.

On the other hand, Mahmoud El Shennawy, linked to GeoComply since 2020 after his tenure at Paysafe, has developed in strategic areas. Initially, he participated in the business development team and rose to Senior Director of the area in September 2022. In January 2025, he took on the direction of special projects, before becoming Chief of Staff in September of the same year. Now, he will lead global operations from the Vancouver office, consolidating GeoComply's operational structure.

Recent Trajectories and Changes in the C-Suite

The C-suite reorganization also included, this month, the promotion of Steven Vo as Chief Technology Officer. Additionally, the career of Vladyslav Serzhantov, who joined in 2017 and briefly worked at SoftBistro, stands out as he returned to GeoComply in 2018 and now holds the position of Vice President of Product and Innovation. The company, founded in 2011 by Anna Sainsbury and David Briggs, has emphasized internal growth to fill key positions in a moment of consolidation and international expansion.

In 2025, GeoComply's executive leadership added Kip Levin, former CEO of FanDuel, as the new CEO. Simultaneously, Anna Sainsbury took on the role of Executive Chair, strengthening strategic leadership while delegating operations and technical areas to the new executives. More news on executive changes in the sector.

Statements Following the Promotions and Strategic Focus

Following his appointment as CFO, Marco Stotani publicly thanked Anna Sainsbury and David Briggs, the company's founders, as well as Kip Levin:

“To Anna Sainsbury and David Briggs: thank you for your trust since I arrived in 2021. You believed in me five years ago and have continued to trust me at every step. That means more than I can express. Kip Levin, your leadership and mentorship over the past 18 months have profoundly influenced me as a professional and a person; thank you for your daily support.” — Marco Stotani, CFO of GeoComply

These appointments aim to ensure continuity in GeoComply's product development and global expansion strategy, maintaining the base of internal talent while the organization grows under the supervision of experienced executives in the international arena. More information on innovation in operations.

Industry Outlook and Relevance of Internal Movements

The emphasis on internal promotions underscores the company's confidence in retaining and developing its own talent to lead sensitive areas such as finance, operations, technology, and innovation. The recent appointments and promotions (Stotani in New York, El Shennawy in Vancouver, Vo in technology, and Serzhantov in product) ensure the continuity of GeoComply's foundational values, while reinforcing the company's adaptability to regulatory challenges and market expansion in the global iGaming sector.

For industry observers and B2B partners, these adjustments in GeoComply's leadership outline a stage where talent management and global vision will be key pieces for developing solutions in regulatory compliance and advanced geolocation.