Playtech has appointed 888 chair Brian Mattingley to serve as non-executive chairman, as of June 1.
UK.- The Isle of Man-headquartered gambling software company Playtech has named Brian Mattingley as non-executive chairman, effective as of June 1.
He will replace Claire Milne, who was named interim chairman in April 2020. His salary has been set at £338,000.
Milne was appointed after former chairman Alan Jackson decided not to stand for re-election last year, however her continuation in the role had made some Playtech shareholders unhappy.
Mattingley to leave 888
Mattingley joined 888 in 2005 as a non-executive director. He went on to serve as chief executive from 2012 until 2016. He has served as non-executive chairman of 888 since 2016 but will stand down at the end of March.
He will be replaced in the role at 888 by Lord Jon Mendelsohn, the former Labour Party director of general election resources, but will remain on board as a consultant for a number of months.
Mattingley has previously worked for Gala Group, Ritz Bingo, Kingfisher and Dee Corporation. He served as chief executive of Gala Regional Development before Gala was acquired by Ladbrokes.
He said: “I’m very pleased to be joining Playtech at such an exciting time in the company’s development.
“Playtech is ideally placed to continue to build on its market leadership position and I look forward to working with everyone at Playtech to drive forward its strategy and capitalise on the opportunities ahead.”
Milne, Playtech’s interim chair, said: “In selecting the new chair, we wanted to appoint an individual with significant online gambling experience and a track record of delivering high levels of corporate governance and stakeholder engagement in a highly regulated and fast-growing industry.
“Over the course of the last 30 years, Brian has delivered strongly in these areas and has been at the forefront of the development of our industry.
“We are delighted that someone of Brian’s calibre is joining the Board and look forward to benefiting from his experience to support our continued progress and growth.”
Playtech’s senior independent director John Jackson thanked Milne for her tenure as interim chair.
He said: “Claire has provided continuity and stability during the pandemic, helping to enable Playtech to deliver a strong performance in 2020.”