Updating the market this morning, London-listed racing technology and systems provider Sportech plc has confirmed that Roger Withers is set to retire as Chairman of the company and board on 24 May.
A leisure and gambling expert who has held directorship positions at Playtech Plc and Arena Racing, Withers has led Sportech governance since 2011.
Withers commented on his departure from Sportech “I have thoroughly enjoyed my time as Chairman of Sportech and am delighted to be leaving the Company in great shape. I would like to express my appreciation of the excellent job done by Ian Penrose in leading the transformation of the Group over the last few years. It has been a pleasure to work with him.”
As departing Chairman of Sportech, Withers announced that Richard McGuire, who is currently a Non-Executive Director, will be appointed Chairman at the AGM.
“I have been very impressed with Richard’s contribution to the Board during his eight months with us, and I am delighted that he will Chair Sportech through the next stage in its development. We will spend the next few weeks ensuring there is an orderly handover and transition”.
Commenting on Sportech’s governance update Ian Penrose CEO stated; “I would like to take this opportunity to thank Roger Withers for his tremendous contribution to Sportech over the last six years. Throughout his tenure as Chairman, he has provided the Board with fine leadership and wise counsel. On behalf of the Board, I would like to wish him well for his retirement”.