Entain's interim CEO to replace outgoing Chair Gibson

The leading betting and gaming group, owning a wide range of recognizable gaming brands across the globe, Entain, announced upcoming changes to its senior-level team. On Thursday, the company confirmed that Barry Gibson announced his intention to retire from his current role as Chair of the Board. Besides stepping down from the role of Chair, he will also retire from the Board of Directors at the company, effective from September 2024.

Entain confirmed that Gibson's departure may happen earlier, and this is contingent on the appointment of a permanent CEO. Besides Gibson's intention to retire, the company confirmed who will succeed in the vacant position. Upon the retirement of the executive, the role of Chair will be assumed by Stella David, a seasoned veteran with extensive experience.

Back in December 2023, David was appointed to the role of interim CEO of Entain. Before that, from March 2021, she held the role of non-executive director and Senior Independent Director. Currently, David serves as a non-executive director of Norwegian Cruise Line Holdings Ltd. She also holds the role of non-executive director of Bacardi Ltd, a privately owned company.

In a statement, David shared her excitement, revealing that Gibson was "a wonderful mentor and source of wise counsel to so many people during his time as Chair of Entain." She personally thanked the outgoing Chair of the company for his dedication and support. Finally, David said: "I am entirely focused on my role as interim CEO as we work to accelerate our operational strategy, and look forward to taking over the baton from Barry in due course."

Gibson added that it was exciting to lead Entain's Board during the last four years. He outlined that this was an exciting time for the business. Gibson reiterated that 2024 is the right time for him to retire. Finally, the outgoing Chair said: "I am delighted that, in Stella, Entain has an exceptional successor who knows the business well and has already proven herself to be a firm hand on the tiller in her role as Interim CEO."

It was back in November 2019 when Gibson became a part of Entain's Board. Several months later, in February 2020, he was named Chair. During his tenure with the company, he played an important role in its transformation from GVC to Entain. His dedication and strategic efforts resulted in exponential growth for Entain, while the company implemented significant improvements to its procedures and recorded revenue increase.

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