Entain Plc has made further changes to its board of directors, following this week’s announcement that Gavin Isaacs has resigned with immediate effect as CEO of the FTSE-listed gambling group.
Announced on 11 February, Isaacs’ immediate resignation led to Chair Stella David resuming the role of Interim CEO of Entain.
Investors were informed that: “As Interim CEO, Stella David has stepped down from the Capital Allocation, People & Governance, and Sustainability & Compliance committees.”
To address governance changes, Senior Independent Director Pierre Bouchut has assumed the role of Interim Chair.
This afternoon, Entain confirmed that Bouchut has agreed to take on the dual responsibilities of Chair of the Capital Allocation and People & Governance committees.
As a result, the board has appointed David Satz as Senior Independent Director with immediate effect.
A former Caesars Entertainment Corporation executive, Satz has served as a non-executive director of Entain since 2020, during which time he has been a member of the FTSE firm’s Sustainability & Compliance Committee and the Audit Committee.
Concluding the necessary changes, Entain confirmed that Helen Ashton has accepted a position on the Capital Allocation Committee.
On Tuesday, Entain assured investors that Isaacs’ resignation had no impact on the company’s financial performance in FY2025. The group maintains its upgraded guidance, forecasting an EBITDA at the top range of £1,040m–£1,090m.($1,289.6m— $1,349.6m).
Entain is set to publish its FY2024 results and current trading outlook on 6 March 2025.