Tag Archives: Barry Gibson

Entain Plc has announced that Stella David has begun her tenure as Chair of the Board of the FTSE 100 gambling group as of 1 October 2024. Announced in H1, Stella David was elected to succeed Barry Gibson as Chair, following his decision to step down from all duties related to Entain’s corporate governance. Prior to the succession, David had …

Entain Plc views an accelerated return to online growth for its UK & Ireland business as a core objective in the FTSE100 gambling group’s financial recovery. This morning, the board of Entain issued a ‘strategic update’ on H2 trading, as new CEO Gavin Isaacs takes leadership of the FTSE firm, with the corporate objective of returning the company to growth, …

Entain has announced Helen Ashton as its new Independent Non-Executive Director, she  will take the reins with immediate effect. Ashton joins the FTSE-listed gambling company, carrying over more than 30 years of experience working in public and private equity-backed businesses, while also being qualified as a Chartered Management Accountant.  Ashton’s previous stints include a CFO role at ASOS, as well …

Entain Plc faces a pending lawsuit aimed at compensating institutional investors stung by the FTSE100 firm’s £585m penalty related to a bribery investigation of its former Turkish business by HMRC. Andrew Hill and Matthew Reach, the litigation team of London law firm Fox Williams, are preparing the claim against Entain “on behalf of institutional investors, targeting autumn 2024.” Fox Williams …

Entain Plc has announced that the Capital Allocation Committee (CAC) has concluded the strategic review of the FTSE gambling group’s operating structures, global portfolio of brands, and funding. Entain’s board appointed the Committee in January to undertake its review “with the objective of maximising shareholder value and reflecting the operational progress of the business,” as full-year 2023 results declared corporate …

Entain Plc remains focused on accelerating operational efficiency, aiming to return its business to growth by 2025. Publishing its Q1 2024 trading update, the FTSE100 gambling group stated that its “performance aligned with expectations,” with leadership prioritising operational performance improvements to drive organic growth. Period trading saw group net gaming revenues (NGR), including the BetMGM JV, increase by 6% on …

Entain Plc has informed markets that Chairman Barry Gibson will resign from all corporate governance duties by the end of September 2024. Gibson will be succeeded by current interim Chief Executive Stella David, who may take over boardroom leadership duties earlier depending on the timing of the appointment of a permanent Group CEO. The announcement sees Gibson end his four-year …

The board of Entain Plc has announced the appointment of Ronald J. Kramer as a new Independent non-executive director (NED) of the FTSE 100 gambling group with immediate effect. An expert in corporate finance and asset management, Kramer is the current Chairman and CEO of Griffon Corporation (NYSE:GFF), a diversified management and holding company headquartered in New York. During his …

Entain Plc has closed its full-year 2023 accounts declaring corporate losses (after tax) totalling £879m as group leadership proceeds with its transformation programme evaluating the firm’s brand portfolio, capital allocation and operating structures The LSE-listed gambling group announced its FY2023 results this morning, reporting that “results are in line with expectations and leadership is committed to improving operational execution to …

Entain has appointed Ricky Sandler to its board of directors in a bid to improve investor relations and maximise shareholder value.  Sandler – founder of a global investment management organisation Eminence Capital – has been vocally critical of the FTSE 100 gambling group’s strategy in 2023. He will also join Entain’s People & Governance and Capital Allocation committee, both with …