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Playtech CFO Andrew Smith steps down

Playtech has come to an agreement with its CFO, Andrew Smith, which will see him step down from the role.

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The supplier withheld the direct reason why Smith is leaving his post, only citing personal reasons in its statement.

Smith will leave his position on 28 November, having served as Playtech’s CFO since 2017.

Addressing Smith’s departure, Mattingley said: "On behalf of the Board, I would like to thank Andy for the contribution he has made to Playtech over the past seven years, and in particular since taking over as CFO in 2017.

“Andy has played a crucial role at the company, helping to steer the business through the pandemic, including delivering a record half-year performance in H1 2022 and leading the recent successful refinancing of Playtech's external debt in light of the upcoming bond maturity. We wish him all the best in his future endeavours.”

Current Deputy CFO Chris McGinnis will succeed Smith as the CFO after he joined the business in 2017.

Mattingley addressed McGinnis’ promotion, too, saying: "I am delighted that Chris will be joining the Board as CFO. In addition to his deep knowledge of Playtech and the sector, he brings a strong set of financial and strategic skills that will be invaluable as the Company looks to deliver further growth.

"I am very much looking forward to continuing working with him as we execute against our strategy in the coming years."

The most recent other Playtech-related news came last week, when the company announced a partnership with Ada.

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