Business Express is an online portal that covers the latest developments in the world of business and finance. From startups and entrepreneurship to mergers and acquisitions, Business Express provides reporting on the stories that matter most to business leaders and decision-makers.The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
2024 04 04T064404Z 1 LYNXNPEK3305R RTROPTP 4 ENTAIN CHAIRMAN scaled - Business Express

Entain Chair Barry Gibson to step down by Sept-end

Entain Chair Barry Gibson to step down by Sept-end

(Reuters) – Sports betting and gaming group Entain said on Thursday Chair Barry Gibson would step down by September-end after more than four years in the role, although could potentially leave earlier if a CEO gets appointed for the group.

Entain, the owner of Ladbrokes and Coral betting shops, said interim CEO Stella David will replace Gibson on his retirement.

Last December, Entain CEO Jette Nygaard-Andersen stepped down following reports that some shareholders were unhappy with her leadership.

Gibson,72, became chair in February 2020 and has played an integral role in the group’s transformation from GVC Holdings, and also in the resolution of the HM Revenue & Customs probe into its legacy Turkish unit.

Don't miss out on any breaking news or insightful opinions!
Subscribe to our free newsletter and stay updated on the go!

By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email.

His departure comes at a time when the gambling firm has reportedly hired advisers to oversee the possible sale of its overseas brands, including Netherlands-based BetCity, which was acquired by Entain last year.


(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Sherry Jacob-Phillips)


Recent Post: