GVC appoints new Chairman as Feldman ends 11-year tenure

GVC Holdings has announced Barry Gibson will succeed Lee Feldman as the company’s Non-executive Chairman. Gibson is Chairman of HomeServe and has previously held director roles at William Hill and Bwin. In March, Feldman sold 900,000 GVC shares at a price of £6.66 ($8.71) each, retaining 287,408. There was some shareholder backlash at the sales, with CEO Kenny Alexander also selling a number of shares at the time. Later that month...