Gambling.com: EverQuote CEO Mendal to Replace Michaelson

Multi-award-winning supplier of digital marketing services for the global online gambling industry, Gambling.com Group Ltd, has announced an important change at the top, with Gregg Michaelson set to step down this spring. 

Smooth Leadership Transition 

The NASDAQ-listed company announced that the longtime board member will officially resign from the board of directors on May 14, 2025, during the company’s annual shareholder meeting.

At the same time, Michaelson will also exit his position on the Compensation Committee.

According to Gambling.com, Michaelson’s decision is not in any way connected to internal disagreements or company issues. 

His departure appears to be part of the firm’s regular leadership transition process.

Stepping into his place is Jayme Mendal, the current chief executive officer of EverQuote, Inc. (NASDAQ: EVER). 

Mendal will join the board starting May 15, and he will also take Michaelson’s seat on the Compensation Committee while serving as a Class II director through the 2026 annual general meeting.

Mendal to Bring Continued Momentum 

The Harvard Business School graduate will bring his solid background in leading digital platforms to the group. 

Under his tenure of almost eight years, EverQuote, a company on a mission to “help people protect life’s most important assets – their family, property, and future,” delivered impressive numbers. 

Namely, over the past year alone, the company recorded 74% revenue growth and a hefty 96% gross margin. 

EverQuote also recently posted its Q4 earnings, displaying figures that beat expectations, with earnings per share of $0.33, well above the projected $0.19. 

Revenue for the same quarter reached $147.5 million, up 165% compared to last year, while full-year revenue hit $500 million, a 74% jump year-over-year.

Accordingly, Needham analysts bumped their price target on EverQuote shares from $30 to $38 while maintaining a “Buy” rating. 

The company also issued strong first-quarter guidance and reported a healthy $102.1 million in cash with zero debt. 

Gambling.com shareholders hope Mendal’s track record will turn into continued momentum for the group once he joins the board. 

“Gambling.com’s operations are solid, and bringing in someone like Mendal signals a continued focus on smart, growth-oriented leadership,” the company said in a statement.

The Nominating and Corporate Governance Committee recommended the board change and follows Gambling.com’s standard procedure for onboarding independent, non-employee directors. Mendal also satisfies Nasdaq’s independence requirements, ensuring he brings an objective voice to the boardroom.

The update was filed with the U.S. Securities and Exchange Commission on April 4.