OverActive Media, a prominent North American esports and gaming company, has announced that Chris Overholt, its current CEO, will no longer lead the company. However, the news doesn’t end there. Read on to learn more about what’s happening at OverActive Media.

The company, which is known for owning popular esports brands such as MAD Lions, Toronto Ultra, and Toronto Defiant, has appointed Adam Adamou, its co-founder and current Chief Strategy Officer, as interim CEO as they search for a replacement for Overholt.

Overholt, who worked for the Canadian Olympic Committee for almost a decade before joining OverActive, led the company since his appointment in 2018. During his tenure, he was able to list the company on the Toronto Venture Exchange in 2021 and fostered partnerships with Bell and TD Bank.

Adamou, on the other hand, is a well-known figure at OverActive, having co-founded the company alongside Overholt in 2018. He has been the company’s Chief Strategy Officer since then and will now step into the CEO role for the first time.

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.”

OverActive Media is a Canada-based global holding company with an impressive track record in the Canadian esports market. The company has been able to create interesting partnerships, such as the one between MAD Lions and Warner Music.

While the company did not mention whether they have already begun talks with candidates for the CEO position or how long they expect the search to take, it is clear that the company is in good hands with Adamou at the helm.

Overall, OverActive Media’s announcement of Overholt’s departure and Adamou’s appointment is significant news for the esports and gaming industry. It will be exciting to see what direction the company takes under Adamou’s leadership and who they ultimately choose as their new CEO.