Playtech has announced that 888 Holdings chairman Brian Mattingley is to become its non-executive chairman from June.
Mattingley will take over from Claire Milne, who has served as interim chairman since May 2020, after replacing Alan Jackson who chose to step down from his role in May 2019.
The 888 Holdings chairman has been at the operator since 2005 after joining as non-executive director, before being appointed as CEO in March 2012. He’s been in his current role as chairman since May 2015 and before 888, held senior roles at the likes of Gala Group and Ritz Bingo.
Milne leaves after first being appointed to the board in July 2016, before being made interim chairman last May.
Last month, Playtech minority shareholders spoke of their dismay at failing to appoint a “high-profile chairman” after Jackson stepped down.
Jason Ader, who holds a 5% shareholding in Playtech through investment fund SpringOwl Asset Management, had said that “we don’t support Claire Milne as the future chairwoman of Playtech, we believe there are better candidates to lead this company into US gaming markets and lead it in its various endeavours over the course of the next decade.”
Mattingley, who will succeed Milne on 1 June, said: "I'm very pleased to be joining Playtech, at such an exciting time in the company's development. Playtech is ideally placed to continue to build on its market leadership position and I look forward to working with everyone at Playtech to drive forward its strategy and capitalise on the opportunities ahead."
In quotes exclusively sent to Gambling Insider, Jason Ader gave his reaction to the appointment, saying: “Brian’s appointment is fantastic news. It’s very positive for leadership, governance and reputation.
"With decades of experience under his belt, he is well-positioned to assume the responsibilities of chairman. I couldn’t think of anyone better for the job and I’m excited to see the changes he is going to make so that Playtech can finally perform to its full potential.”