Entain PLC Board appointment (4766S)
March 17 2021 - 2:00AM
UK Regulatory
TIDMENT
RNS Number : 4766S
Entain PLC
17 March 2021
17 March 2021
Entain plc
("Entain", the "Company")
Board appointment
Entain plc (LSE: ENT), the global sports-betting and gaming
group announces the appointment of Mark Gregory as an independent
Non-Executive Director with immediate effect. Mark has been
appointed Chair of the Remuneration Committee and a member of the
Audit and Nomination Committees.
Mark has more than 35 years' experience in a wide variety of
senior leadership roles across both the financial services and
retail sectors. From 2019 to 2020 he was CEO of Merian Global
Investors, leading the sale of that business to Jupiter Asset
Management. Prior to this, he held the role of Group CFO and
Executive Director at Legal & General Group Plc until 2017.
During his 19-year career at Legal & General, he held a variety
of other senior roles including CEO of the Savings business,
Managing Director of the With-Profits business, Director of
Operations and Group HR Director. Before joining Legal &
General, Mark held senior financial and business development roles
at Asda and Kingfisher. Mark is an Associate of the Institute of
Chartered Accountants in England and Wales, having qualified with
PwC.
Mark also serves as an independent non-executive director at
Direct Line Insurance Group plc, where he chairs the remuneration
and investment committees.
Barry Gibson, Chairman of Entain, said : "On behalf of the
Board, I am delighted to welcome Mark to Entain. Mark brings
extensive knowledge of financial and customer services through his
lengthy career in the insurance and retail sectors. He is an
experienced remuneration committee chair who brings deep finance
and commercial expertise and will further enhance the Board's
ability to support and oversee the delivery of our growth and
sustainability strategy."
There are no details to disclose for Mark Gregory under Listing
Rule 9.6.13 and he does not own any Entain plc ordinary shares
.
The information contained within this announcement is deemed to
constitute inside information as stipulated under the Market Abuse
Regulation (EU) No. 596/2014. Upon the publication of this
announcement, this inside information is now considered to be in
the public domain .
Enquiries:
Company Secretary
Emily Carey secretary@entaingroup.com
Investor Relations
David Lloyd-Seed, Group Director of Investor investors@entaingroup.com
Relations & Corporate Communications
Media
Powerscourt
Rob Greening / Elly Williamson Tel: +44 (0) 20 7250
1446
entain@powerscourt-group.com
LEI: 213800GNI3K45LQR8L28
About Entain plc
Entain plc (LSE:ENT) is a FTSE100 company and is one of the
world's largest sports-betting and gaming groups, operating both
online and in the retail sector. The Group owns a comprehensive
portfolio of established brands; Sports Brands include bwin, Coral,
Crystalbet, Eurobet, Ladbrokes, Neds and Sportingbet; Gaming Brands
include CasinoClub, Foxy Bingo, Gala, Gioco Digitale, partypoker
and PartyCasino. The Group owns proprietary technology across all
of its core product verticals and in addition to its B2C operations
provides services to a number of third-party customers on a B2B
basis. The Group has also entered into a joint-venture with MGM
Resorts to capitalise on the sports-betting and gaming opportunity
in the US. The Group is tax resident in the UK with licenses in
more than 20 countries, across five continents.
For more information see the Group's website:
www.entaingroup.com
Notes for Editors
1. The appointment of Mark Gregory as a Non-Executive Director
was made by the Board on the recommendation of the Nomination
Committee following a search led by the Chairman.
2. The Board determined that Mark Gregory is an independent
Non-Executive Director upon appointment in accordance with the UK
Corporate Governance Code.
3. The annual fee payable to Mark Gregory as a Non-Executive
Director and Chair of the Remuneration Committee is GBP110,000.
4. Mark Gregory has been issued with a Letter of Appointment
which may be viewed by contacting the Company Secretary.
5. Following the above change, the composition of the Entain board will be as follows:
-- J M Barry Gibson, Chairman of the Board
-- Jette Nygaard-Andersen, Chief Executive Officer
-- Rob Wood, Chief Financial Officer and Deputy CEO
-- Robert Hoskin, Chief Governance Officer
-- Stella David, Senior Independent Director
-- Pierre Bouchut, Independent Non-Executive Director and Chair of the Audit Committee
-- Mark Gregory, Independent Non-Executive Director and Chair of the Remuneration Committee
-- Peter Isola, Independent Non-Executive Director
-- Vicky Jarman, Independent Non-Executive Director
-- Virginia McDowell, Independent Non-Executive Director and Chair of the ESG Committee
-- David Satz, Independent Non-Executive Director
As announced on 21 January 2021, Sandeep Tiku, Chief Operating
Officer, will formally join the Board as an Executive Director
later in 2021.
LEI: 213800GNI3K45LQR8L28
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