Leading electronic table games supplier Interblock has appointed Kay Oswald, a former IT and fitness executive, as its new Chief Executive Officer.
Oswald, who hails from Germany but has spent much of his professional career in the United States, joins the company five months after long-time CEO John Connelly stepped down from the role. Bala Ganesan, Managing Director at Oaktree Capital Management L.P. – which acquired Interblock in 2022 – had served as Interim CEO while the company conducted a search for Connolly’s permanent replacement.
“Kay is a proven global operator with a track record of building disciplined, scalable businesses across North America, Europe, Asia-Pacific and Latin America,” said David Quick, Oaktree Managing Director and Interblock Board member.
“Following a rigorous search, the Board is confident Kay is the right leader to build on the world-class operating platform established over the past year and to capitalize on Interblock’s global growth opportunities including expanding our footprint across key regions and accelerating innovation in our product portfolio.”
According to Interblock, Oswald brings more than 25 years of international leadership experience across consumer, hardware and industrial technology businesses. He most recently served as CEO of KOHPA Technologies, a venture-backed industrial technology company, and previously as CEO and Board Member, North America, of Technogym USA Corp – a global leader in luxury fitness equipment. He has lived and led teams in North America, Europe, Asia-Pacific and Australia and brings deep experience in global manufacturing, supply chain and premium hardware businesses, Interblock explained.
“Interblock is an exceptional company, which is the product of a talented global team, industry-leading innovation and the disciplined operating platform Bala and the leadership team have been building over the last several months,” said Oswald.
“This is a new Interblock and I am honored to lead the company into its next phase of global growth. I look forward to delivering operational excellence and strengthening our relationship with our customers and partners in every market we serve.”
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