High score: Mogul spikes as former Disney exec named CEO

High score: Mogul spikes as former Disney exec named CEO

Shares in listed esports company Mogul (ASX: ESH) are the highest they've been this year on the back of two high-profile appointments this week.

Today, the company appointed former Electronic Arts (EA), Midway and Disney executive Michael Rubinelli to the position of CEO.

His appointment comes just three days after former Spotify managing director Kate Vale joined the company's board, sitting alongside Canva co-founder Cameron Adams.

Rubinelli is a technology and gaming leader with more than 20 years' experience in executive leadership and product development.

Based in San Francisco Rubinelli will now helm the esports company which develops a tournament and matchmaking platform called mogul.gg.

At Disney, Rubinelli was the senior vice president of studio operations, overseeing all of the company's game-building operations for Facebook and mobile platforms and managing more than 300 employees across 16 studios in North and South America.

Other highlights include working on major franchise titles including WWF, Mortal Kombat, Star Wars, Scooby Doo, NFL Blitz and FIFA.

"Video gaming revenue has the very real potential to be a trillion dollar business over the next ten years," says Rubinelli.

"One of those drivers of growth is esports. Interactive gaming is the largest entertainment revenue generating vertical in the world earning more than box office and music sales combined.

"The chance to continue to be a part of gaming's meteoric rise in general, and the esports segment specifically, is a dream come true."

Shares in Mogul are up 44.44 per cent at close of trade today, to a YTD high of $0.013 per share.

Never miss a news update, subscribe here. Follow us on Facebook, LinkedIn, Instagram and Twitter.

Business News Australia

Subscribe Now!
Four time-saving tips for automating your investment portfolio
Partner Content
In today's fast-paced investment landscape, time is a valuable commodity. Fortunately, w...
Etoro
Advertisement

Related Stories

Federal Court finds ads of crypto asset Qoin misled customers

Federal Court finds ads of crypto asset Qoin misled customers

The nation’s consumer watchdog has secured a win in its crack...

The Star passes critical hurdle for Queen's Wharf as HK partner cleared by Attorney General

The Star passes critical hurdle for Queen's Wharf as HK partner cleared by Attorney General

The Star Entertainment Group (ASX: SGR) has passed a major hurdle t...

Melbourne creative assets firm Envato acquired by Shutterstock for $372m

Melbourne creative assets firm Envato acquired by Shutterstock for $372m

Melbourne-based creative assets firm Envato, founded by Australian ...

Gurner gets green light for $250m Port Douglas resort with underwater aquarium rooms

Gurner gets green light for $250m Port Douglas resort with underwater aquarium rooms

Prolific Melbourne-based developer Gurner has received a planning p...