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Esports and gaming company Tiidal Gaming has announced the appointment of Tom Hearne, formerly of theScore, as its new Chief Executive Officer.
The company also announced that Hearne will also become a board member for Tiidal. Moreover, he will host the upcoming earnings call for investors in January to discuss Tiidal Gaming’s strategy and vision for the future.
(ESI Illustration) Image credit: Tiidal Gaming
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Tiidal added in the release that the company intends to issue 4,400,000 share options at an exercise price of $0.30 in the near future, pending Canadian Stock Exchange approval.
Tiidal’s new CEO Tom Hearne is an experienced executive that specialised in growing companies from early startup stages to IPO’s and successful financing rounds. Most recently, Hearne held the position of Chief Financial Officer for esports media company TheScore. Hearne also helped a number of startups secure high market caps and stock exchange listings, such as OpenText and Sportech.
Tom Hearne, new CEO and Director of Tiidal Gaming, noted: “I am excited to be joining Tiidal and look forward to working closely with Charlie, Max, and the Board to deliver on core objectives and maximise the potential of the company’s media and technology opportunities. There is a generational opportunity at the intersection of the major secular trends of gaming, media, and betting to build engaging experiences for the next generation of fan and consumer.
“I believe that Tiidal is uniquely positioned to be a leader in this revolution through its proprietary technology, significant viewership and brand following, and a board and advisors of industry leaders across technology, media and sports and entertainment.”
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Tiidal Gaming is the holding company for Lazarus Esports, a Canadian esports team that currently fields teams in Apex Legends, PUBG Mobile, Gran Turismo, Crossfire, Super Smash Bros. Ultimate and a number of other titles. Tiidal is also the owner of Sportsflare, an esports-focused betting platform.
Esports Insider says: Tom Hearne is, without a doubt, an experienced professional who will aid Tiidal in scaling and growth. Considering the company is set to both grow its betting business as well as its esports team it’ll be interesting to see how things shape up under Hearne’s leadership.