REG - Entain PLC - Board Appointment

EntainAnnouncement

20/06/2022 09:15

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RNS Number : 4525P  Entain PLC  20 June 2022

20 June 2022

 

Entain plc

("Entain", the "Company")

 

Board appointment

 

Entain plc (LSE: ENT), the leading global sports betting, gaming and
interactive entertainment group, announces the appointment of Rahul Welde as
an independent Non-Executive Director. The appointment will take effect from 1
July 2022.

 

Rahul was most recently Executive Vice President of Global Digital
Transformation at Unilever plc where he drove digital strategies for the
Unilever brands. He is an Indian national and brings over 30 years' experience
in the global fast-moving consumer goods sector.

 

On appointment, Rahul will become a member of the ESG (Environmental, Social
and Governance) Committee.

 

Barry Gibson, Chairman of Entain, said: "On behalf of the Board, I am
delighted to welcome Rahul to Entain. Rahul brings with him exceptional
knowledge of customer experience excellence, ecommerce and digital
transformation. I am confident that his skills and expertise will further
enhance the Board's ability to support and oversee the delivery of our
strategy."

 

There are no details to disclose for Rahul Welde under Listing Rule 9.6.13 and
he does not own any Entain plc ordinary shares.

The information contained within this announcement is deemed to constitute
inside information as stipulated under the Market Abuse Regulation (EU) No.
596/2014. Upon the publication of this announcement, this inside information
is now considered to be in the public domain.

 

Enquiries:

 

 Company Secretary - Entain plc                           Tel: +44 (0) 203 938 000
 Emily Carey                                               secretary@entaingroup.com (mailto:secretary@entaingroup.com)

 Investor Relations - Entain plc                          investors@entaingroup.com (mailto:investors@entaingroup.com)
 David Lloyd-Seed, Chief IR & Communications Officer      david.lloyd-seed@entaingroup.com (mailto:david.lloyd-seed@entaingroup.com)

 Davina Hobbs, Head of Investor Relations                 davina.hobbs@entaingroup.com (mailto:davina.hobbs@entaingroup.com)
 Callum Sims, IR Manager                                  callum.sims@entaingroup.com (mailto:callum.sims@entaingroup.com)

 Media - Entain plc                                       media@entaingroup.com (mailto:media@entaingroup.com)
 Lisa Attenborough, Head of Corporate Communications      lisa.attenborough@entaingroup.com (mailto:lisa.attenborough@entaingroup.com)
 Jay Dossetter, Head of ESG and Press Office              jay.dossetter@entaingroup.com (mailto:jay.dossetter@entaingroup.com)
 Jodie Hitch, PR Manager                                  jodie.hitch@entaingroup.com (mailto:jodie.hitch@entaingroup.com)

 

 LEI: 213800GNI3K45LQR8L28

 

About Entain plc

Entain (LSE: ENT) is a FTSE100 company and is one of the world's largest
sports-betting and gaming groups, operating both online and in the retail
sector. The Group owns a comprehensive portfolio of established brands; Sports
Brands include bwin, Bet.pt, Coral, Crystalbet, Eurobet, Ladbrokes, Neds,
Sportingbet and Sports Interaction; Gaming Brands include CasinoClub, Foxy
Bingo, Gala, GiocoDigitale, Ninja Casino, Optibet, Partypoker and PartyCasino.
The Group owns proprietary technology across all its core product verticals
and in addition to its B2C operations provides services to a number of
third-party customers on a B2B basis.

 

The Group has a 50/50 joint venture, BetMGM, a leader in sports betting and
iGaming in the US. Entain provides the technology and capabilities which power
BetMGM as well as exclusive games and products, specially developed at its
in-house gaming studios. The Group is tax resident in the UK with operations
in a total of 31 regulated or regulating territories. Entain is a leader in
ESG, a member of FTSE4Good, the DJSI and is AA rated by MSCI. The Group has
set a science-based target, committing to be carbon net zero by 2035 and
through the Entain Foundation supports a variety of initiatives, focusing on
safer gambling, grassroots sport, diversity in technology and community
projects.

 

 For more information see the Group's website: www.entaingroup.com
(http://www.entaingroup.com/)

Notes for Editors

 

1.     The appointment of Rahul Welde as a Non-Executive Director was made
by the Board on the recommendation of the Nomination Committee following a
search led by the Chairman.

 

2.     The Board determined that Rahul Welde is an independent
Non-Executive Director upon appointment in accordance with the UK Corporate
Governance Code.

 

3.     The annual fee payable to Rahul Welde as a Non-Executive Director
is £85,000.

 

4.     Rahul Welde has been issued with a Letter of Appointment which may
be viewed by contacting the Company Secretary.

 

5.     Following the above change, the composition of the Entain board
will be as follows:

 

·      J M Barry Gibson, Chairman of the Board

·      Jette Nygaard-Andersen, Chief Executive Officer

·      Rob Wood, Chief Financial Officer and Deputy CEO

·      Robert Hoskin, Chief Governance Officer

·      Stella David, Senior Independent Director

·      Pierre Bouchut, Independent Non-Executive Director and Chair of
the Audit Committee

·      Mark Gregory, Independent Non-Executive Director and Chair of the
Remuneration Committee

·      Vicky Jarman, Independent Non-Executive Director

·      Virginia McDowell, Independent Non-Executive Director, Designated
Workforce Director and Chair of the ESG Committee

·      David Satz, Independent Non-Executive Director

·      Rahul Welde, Independent Non-Executive Director

 

LEI: 213800GNI3K45LQR8L28

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