Playtech has undergone a board reshuffle as the company has announced that Brian Mattingley has stepped down as Chair, in addition to several changes across its committees.
The company noted that over the next few months, the former Chair and CEO of 888 (evoke) will remain in situ to oversee the Chair appointment process and to ensure an orderly handover to his successor. He will also step down from the board.
“Playtech would like to express its sincere appreciation and gratitude to Brian for his significant contribution since joining the Board in 2021,” the company said.
“During Brian’s tenure as Chair, he has overseen a period of strong financial performance and strategic progress, including, most recently, the revised strategic agreement with Caliplay and the disposal of Snaitech, which, on completion, will result in the Company’s transformation into a predominantly pure-play B2B business.”
Commenting on his departure, Mattingley said: “It has been an absolute privilege to serve as Chair of Playtech and to help steward the company through an important phase of growth and transition. I am proud of the milestones we have achieved as Playtech prepares to embark on a new chapter as a predominantly pure-play B2B business.
“It is with that in mind that I feel now is the right time to step down. I would like to thank my fellow Board members, the leadership team and, above all, the wider Playtech family for their passion and commitment.”
In addition to Mattingley stepping down, Playtech has also announced several changes to the structure of its committees, which are due to come into effect on 1 March.
One of these changes will be the merging of the Regulatory & Compliance and the Sustainability & Public Policy Committees under a new name – the Sustainability & Compliance Committee.
The Sustainability & Compliance Committee will be chaired by Linda Marston-Weston, with Ian Penrose and Samy Reeb as ordinary members. Marston-Weston will also join the Nomination Committee.
Reeb will also become Chair of the Remuneration Committee, replacing Anna Massion who is stepping down from the role and as Non-executive Director on 28 February. The process of appointing a new Non-executive Director is ongoing.
Reeb is currently Chair of the Regulatory & Compliance Committee and a member of the Sustainability & Public Policy Committee. He will remain a member of the Sustainability & Compliance Committee until the committees are merged, but he will continue to serve as a member of the Audit & Risk Committee.
Mor Weizer, CEO of Playtech, added: “Brian has been an outstanding Chair, offering invaluable guidance, constructive challenge and unwavering dedication to the team during a time of significant transformation at Playtech.
“We have benefitted enormously from his strong relationships across the industry, and his depth of knowledge and experience. His presence on the Board will be greatly missed, and we wish him the very best.”
