North American esports and gaming company OverActive Media has announced that its current CEO Chris Overholt will no longer lead the company.
Overholt will remain as Strategic Advisor for 30 days, after which he will leave to pursue another opportunity. Co-founder and current CSO of OverActive Media Adam Adamou will act as interim CEO as the company searches for a suitable replacement for Overholt.
OverActive Media is a Canada-based global holding company most known for being the owner of esports brand MAD Lions, as well as Toronto Ultra in the Call of Duty League and Toronto Defiant in the Overwatch League. The company is known for being one of the prominent players in the Canadian esports market, and for interesting partnerships such as the one between MAD Lions and Warner Music.
Chris Overholt, former CEO of OverActive, was also the first CEO of the company. Appointed in 2018, he led the company to a listing on the Toronto Venture Exchange in 2021 and worked on partnerships with Bell and TD Bank. Prior to joining OverActive, Overholt worked for the Canadian Olympic Committee for almost a decade.
Interim CEO Adamou is a prominent figure at the company. He co-founded OverActive Media in 2018, and worked as the company’s Chief Strategy Officer ever since. This is his first tenure as CEO of the company. OverActive Media did not mention whether they are already in talks with candidates for the position or how long they believe the search is going to last.
Adamou said: “We are in an exciting industry at an incredible time and OverActive is poised to seize the many opportunities that lay ahead. Our priority remains — to redefine the future of sports and entertainment by focusing on today’s generation of fans.”