Playtech PLC Directorate Change (8114E)
November 01 2022 - 2:00AM
UK Regulatory
TIDMPTEC
RNS Number : 8114E
Playtech PLC
01 November 2022
Playtech PLC
('Playtech' or the 'Company')
Directorate Change
Playtech plc today announces that the Company and Andrew Smith,
Chief Financial Officer, have mutually agreed that he will step
down due to personal reasons. Andrew has contributed significantly
to Playtech's strategy and helped guide the business through a
period of substantial transformation. He will step down from his
role as Chief Financial Officer and as an Executive Director on 28
November 2022.
Chris McGinnis will succeed Andrew as Chief Financial Officer
and as an Executive Director of the Company on 28 November 2022.
Chris joined Playtech in 2017 and is currently Deputy Chief
Financial Officer and Director of Investor Relations at
Playtech.
Prior to joining Playtech, Chris was Head of Corporate Strategy
at software company Temenos. He started his career at Deloitte in
Canada where he qualified as a Chartered Professional Accountant
(CPA). Chris then worked in Equity Research for UBS in Canada and
Bank of America Merrill Lynch in the UK.
There are no disclosures required under LR 9.6.13 in respect of
Chris McGinnis's appointment.
Brian Mattingley, Chairman of Playtech, commented:
" On behalf of the Board, I would like to thank Andy for the
contribution he has made to Playtech over the past seven years, and
in particular since taking over as CFO in 2017. Andy has played a
crucial role at the Company, helping to steer the business through
the pandemic including delivering a record half year performance in
H1 2022, and leading the recent successful refinancing of
Playtech's external debt in light of the upcoming bond maturity. We
wish him all the best in his future endeavours.
"I am delighted that Chris will be joining the Board as CFO. In
addition to his deep knowledge of Playtech and the sector, he
brings a strong set of financial and strategic skills that will be
invaluable as the Company looks to deliver further growth. I am
very much looking forward to continuing working with him as we
execute against our strategy in the coming years."
The information contained within this announcement is deemed to
constitute inside information as stipulated under the Market Abuse
Regulations (EU) No. 596/2014. Upon the publication of this
announcement, this inside information is now considered to be in
the public domain.
- ENDS -
For further information please contact:
Playtech plc
Mor Weizer, Chief Executive
Office
Chris McGinnis, Deputy CFO &
Director of Investor Relations
Headland (PR adviser to Playtech)
Lucy Legh, Stephen Malthouse,
Jack Gault +44 (0) 2038054822
playtech@headlandconsultancy.com
About Playtech
Founded in 1999 and premium listed on the Main Market of the
London Stock Exchange, Playtech is a technology leader in the
gambling and financial trading industries with over 6,700 employees
across 26 countries.
Playtech is the gambling industry's leading technology company
delivering business intelligence driven gambling software,
services, content and platform technology across the industry's
most popular product verticals, including, casino, live casino,
sports betting, virtual sports, bingo and poker. It is the pioneer
of omni-channel gambling technology through its integrated platform
technology, Playtech ONE. Playtech ONE delivers data driven
marketing expertise, single wallet functionality, CRM and
responsible gambling solutions across one single platform across
product verticals and across retail and online.
Playtech partners with and invests in the leading brands in
regulated and newly regulated markets to deliver its data driven
gambling technology across the retail and online value chain.
Playtech provides its technology on a B2B basis to the industry's
leading retail and online operators, land-based casino groups and
government sponsored entities such as lotteries. Playtech directly
owns and operates Snai, the leading sports betting and gaming brand
across online and retail in Italy.
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END
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