BetMGM promotes chief product officer to COO
Jarrod Schwarz steps into newly created position at Entain and MGM Resorts JV, as operator announces organisational reshuffle
BetMGM has promoted chief product officer (CPO) Jarrod Schwarz to the newly created position of COO.
Schwarz joined the Entain and MGM Resorts JV in March 2021, after spending two-and-a-half years at Walt Disney as its senior vice-president of product and design.
While there, he was responsible for the management and design of ESPN.com and the media giant’s app and fantasy games.
Prior to taking on the Disney-level role, Schwarz spent more than five years working across ESPN in various positions, joining in July 2013 as senior director of product management before being promoted a year later to vice-president of product management.
Schwarz also spent several years at eBay and San Francisco-based firm Bloomspot.com — which specialize in exclusive offers for restaurants, spas, and events in the US.
In his new role as COO, Schwarz will be responsible for product, customer operations, tech, and trading.
Along with Schwarz’s promotion, BetMGM announced it was moving its strategy, corporate development, and select business functions under the management of CFO Gary Deutsch.
The JV’s igaming and sports betting arms are led by Oliver Bartlett and Raymond Doyle, respectively.
The operator said the changes would allow for “more streamlined planning and collaboration and to more closely align and integrate strategic capabilities.”
Commenting on the promotion, BetMGM CEO Adam Greenblatt remarked: “Jarrod has been an integral part of our incredible team, building BetMGM into one of the most recognizable and successful brands in sports betting and igaming.
“He has consistently demonstrated strong leadership, strategic thinking and a deep understanding of our business.
“I’m confident this change will ensure we continue to deliver exceptional products and experiences to our players.”
Schwarz added: “I’m grateful for the opportunity to step into this role. It’s a privilege to continue the incredible journey we’ve been on at BetMGM, building on our momentum in sports betting and igaming.
“Together with our exceptionally talented team, I look forward to pushing the boundaries of innovation and strengthening our position as a market leader.”
Earlier this month, MGM Resorts International appointed a new COO in Ayesha Molino and named Gary Fritz as its new chief commercial officer and president of MGM Digital.
Arnold Ash is EGR’s Executive Recruitment Partner. They support ambitious organisations to identify and attract industry leading executive talent. Find out more here.