Management and Supervisory Boards

In the everyday management activities, the Management Board of the Company is independent and is guided by the best interests of all shareholders, thereby ensuring sustainable development of the Company according to the set objectives and strategy. The Management Board also ensures the functioning of internal control and risk management procedures in the Company. The Supervisory Board of Olympic Entertainment Group AS elects members of the Management Board for a term of three years.

Madis Jääger Madis Jääger – Chairman of the Management Board and CEO since 2012 (member of the Management Board since 2010). Madis Jääger graduated from Estonian Business School in 2002 with a degree in International Business Administration major in accounting and banking cum laudeMadis Jääger owns directly and through the companies controlled by him a total of 75,000 Company’s shares.
Meelis Pielberg Meelis Pielberg – member of the Management Board and head of land-based casino operations since 2012. Meelis Pielberg graduated from Estonian Maritime Academy in 2000. Meelis Pielberg owns directly and through the companies controlled by him a total of 50,000 Company’s shares.

The Supervisory Board of Olympic Entertainment Group AS comprises three members. The Supervisory Board is chaired by the Chairman Armin Karu; members of the Supervisory Board are Jaan Korpusov and Liina Linsi. The General Meeting of Shareholders of Olympic Entertainment Group AS elects members of the Supervisory Management Board.

  • Armin Karu – Chairman of the Supervisory Board since 2008. Armin Karu is the founder of the Company. He graduated from Haaga Institute in Finland (International Management Diploma 1998; MBA 2005). Armin Karu owns directly and through the companies controlled by him a total of 68,364,790 Company’s shares.
  • Jaan Korpusov – member of the Supervisory Board since 2006. Jaan Korpusov graduated from University of Tartu in 1985 the faculty of history. Jaan Korpusov owns directly and through the companies controlled by him a total of 28,761,910 Company’s shares.
  • Liina Linsi – member of the Supervisory Board since 2006. Liina Linsi graduated from University of Tartu (law) in 1984 cum laude. Liina Linsi owns directly and through the companies controlled by her a total of 26,000 Company’s shares.

 

Articles of Association

OLYMPIC ENTERTAINMENT GROUP AS ARTICLES OF ASSOCIATION (PDF, english)