EU and US could reach trade deal this weekend - Reuters
LONDON - Playtech plc (LSE:LON:PTEC), a leading technology company in the gambling industry, has announced that its Chair, Brian Mattingley, will step down from his role and from the Board. Mattingley will remain in his current position for the coming months to ensure a smooth transition as the company seeks his successor.
During his tenure, Mattingley has been credited with overseeing a period of robust financial performance and strategic progress for the company. Notably, he has been involved in the revised strategic agreement with Caliplay and the disposal of Snaitech, pivoting Playtech towards a more focused B2B business model.
In parallel with the announcement of Mattingley’s planned departure, Playtech disclosed upcoming changes to its Board’s committee structure, effective from March 1, 2025. The Regulatory & Compliance and the Sustainability & Public Policy Committees will merge into a new Sustainability & Compliance Committee, chaired by Linda Marston-Weston. Ian Penrose and Samy Reeb will serve as members of this newly formed committee.
Additionally, Anna Massion will step down as a Non-executive Director and Chair of the Remuneration Committee on February 28, 2025. Samy Reeb is set to take over as Chair of the Remuneration Committee from March 1, 2025, and will continue his service on the Audit & Risk Committee.
The Board is in the process of appointing a new Non-executive Director, with an update to be provided in due course.
Mattingley expressed his pride in the company’s achievements and stated that the timing felt right for his departure, as Playtech embarks on a new chapter. Mor Weizer, Chief Executive Officer of Playtech, praised Mattingley’s contributions, emphasizing the value of his guidance and industry relationships during a transformative phase for the company.
Playtech, founded in 1999 and listed on the London Stock Exchange (LON:LSEG), employs over 7,900 people across 20 countries. The company is known for its gambling software, services, content, and platform technology, serving both online and retail operators as well as government-sponsored entities.
This report is based on a press release statement from Playtech plc.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.