8 July 2024
Entain plc
("Entain", the "Company")
Board
Appointment
Entain plc (LSE: ENT),
the global sports betting and gaming group,
announces the appointment of Helen Ashton as an
Independent Non-Executive Director with immediate
effect.
Helen has
over 30 years of experience of working in public and private equity
backed businesses and is a qualified Chartered Management
Accountant. As former CFO of ASOS plc, as well as executive level
roles in ASDA, Barclays and Lloyds Banking Group, Helen brings
broad global business and financial services experience with
extensive knowledge of high growth digital and retail businesses.
Helen is currently a Non-Executive
Director and Chair of the Audit & Risk Committee of JD Sports
Fashion plc.
On appointment, Helen will also
become a member of the Audit Committee.
Barry Gibson, Chairman of Entain,
said: "On behalf of the Board, I am
delighted to welcome Helen to Entain. Helen brings a wealth of
retail, digital, financial and board experience. As part of the
continued strengthening of the Entain Board, I am confident that
Helen will further enhance the Board's ability to support and
oversee the delivery of our strategy.
There are no
details which are required to be disclosed under Listing Rule
9.6.13 (2) to (6).
Enquiries:
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 BetCity, bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds,
Sportingbet, Sports Interaction, STS, SuperSport and TAB NZ; Gaming
brands include Foxy Bingo, Gala, GiocoDigitale, Ninja Casino,
Optibet, Partypoker and PartyCasino. The Group owns proprietary
technology across all 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 a 50/50 joint venture,
BetMGM, a leader in sports betting and iGaming in the US. Entain
provides the technology and capabilities which power BetMGM as well
as exclusive games and products, specially developed at its
in-house gaming studios. The Group is tax resident in the UK and is
the only global operator to exclusively operate in domestically
regulated or regulating markets operating in over 30
territories.
Entain is a leader in ESG, a member
of FTSE4Good, the DJSI and is AA rated by MSCI. The Group has set a
science-based target, committing to be carbon net zero by 2035 and
through the Entain Foundation supports a variety of initiatives,
focusing on safer gambling, grassroots sport, diversity in
technology and community projects. For more information see the
Group's website:
www.entaingroup.com
Notes for Editors
1. The appointment of Helen
Ashton as an Independent Non-Executive Director was made by the
Board on the recommendation of the People & Governance
Committee.
2. The Board determined
that Helen Ashton is an Independent Non-Executive Director upon
appointment in accordance with the UK Corporate Governance
Code.
3. The
annual fee payable to Helen Ashton as a Non-Executive Director is
£95,000.
4. Helen
Ashton 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, Chair of the People &
Governance Committee and Chair of the Capital Allocation
Committee
· Stella
David, Interim Chief Executive Officer
· Rob
Wood, Chief Financial Officer and Deputy CEO
· Pierre
Bouchut, Senior Independent Director and Chair of the Audit
Committee
· David
Satz, Independent Non-Executive Director and Chair of the
Sustainability & Compliance Committee
· Amanda
Brown, Independent Non-Executive Director and Chair of the
Remuneration Committee
· Virginia McDowell, Independent Non-Executive Director and
Designated Workforce Director
· Rahul
Welde, Independent Non-Executive Director
· Ricky
Sandler, Non-Executive Director
· Ronald
J. Kramer, Independent Non-Executive Director
LEI: 213800GNI3K45LQR8L28