Entain shuffles the deck with its board after CEO Isaacs’ exit
Entain has made several changes within its board of directors in the wake of CEO Gavin Isaacs resigning with immediate effect on Tuesday.
Chair Stella David resumed the role of Interim CEO upon Isaacs’ exit, as she had done before he was appointed. Entain did not disclose an exact reason for Isaacs’ departure from the company.
On Friday, Entain confirmed several further changes as a result of Isaac leaving. David has stepped down as a member of the Capital Allocation, People & Governance and Sustainability & Compliance committees.
Pierre Bouchut, who has taken up the position of non-executive chair on an interim basis to replace David, has stepped down from the Audit Committee.
The company also announced on Friday that David Satz has replaced Bouchut in the senior independent director job with immediate effect. Satz has been a non-executive director since October 2020 and is also chair of the Sustainability & Compliance Committee and a member of the Audit Committee.
In addition, Helen Ashton has been appointed as a member of the Capital Allocation Committee.
Entain said the changes reflect the company’s commitment to strengthening its governance structure and ensuring strategic oversight.
Interim CEO David said on Tuesday that the board is pleased with Entain’s performance in 2024 and trading so far this year and that the board and management “remain aligned on the Group’s focus on operational excellence and maximizing shareholder value.”
Entain has stressed that it remains comfortable with market expectations for FY2025. It will detail its full FY2024 results and current trading will be provided on March 6.
https://sbcamericas.com/2025/02/14/entain-shuffles-board-after-isaacs-exit/