Jette Nygaard-Andersen releases statement after leaving Entain

The former CEO was with the company for four years. 

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Jette Nygaard-Andersen, the former CEO of Entain, has written a post on her LinkedIn page, nearly a month on from her resignation from the company

At the time, Nygaard-Andersen had faced increased pressure with M&A activity and financial performance scrutinised, as well as a falling share price which had reached a three-year low earlier in December. 

After spending four years at the company, with the majority of her time, namely three years, spent as CEO, Nygaard-Andersen left the company. 

Within her statement on LinkedIn, Nygaard-Andersen reflected on the progress that Entain had made over the last few years, saying: “Entain is fundamentally a better and stronger company today than it has ever been. Through a multitude of twists, turns and challenges, we’ve transformed the business from the GVC of old to one with the highest standards of governance, compliance, player safety, a new effective strategy setting the Company up for further growth in all markets, old and new, and excellent quality of earnings. 

“Over the past four years, we have dramatically shifted the company to be a responsible operator, a reputable employer, strategically put the customer front and centre of business operations, worked on transforming the technology to make it future fit, diversified the portfolio and so much more.  

“Thanks to the professionalism and passion of Entainers around the world, the business tackled challenges such as the pandemic head-on, navigated a path to 100% regulated operations and always thought of the customer. As a result, Entain is now a business that has scaled and operates in over 30 territories with 30,000 employees.” 

In other news, Entain’s share price climbed 3% last week, after the announcement that Ricky Sandler had been appointed as a Non-Executive Director at the company. 


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