Entain announced a big leadership change. Gavin Isaacs is stepping down as CEO effective immediately. The company’s Non-Executive Chair, Stella David, will take over as interim CEO. This Entain CEO change comes as the company continues its focus on operational excellence.

  • Stella David will temporarily lead Entain until a permanent CEO is appointed. She previously served as interim CEO from December 2023 to September 2024. Pierre Bouchut will take over as Non-Executive Chair on an interim basis.

  • The Board thanked Isaacs for his contribution and highlighted that Entain is making strong progress on its strategic goals. Trading in early 2025 has been in line with expectations.

  • FY2024 Group EBITDA is expected to reach the top of the £1,040m-£1,090m guidance range. This confirms strong performance in 2024, as announced on 13 January 2025.

  • Stella David emphasized the company’s focus on operational excellence and maximizing shareholder value. She stated that Entain is committed to accelerating performance under her interim leadership.

  • Entain remains comfortable with market expectations for FY2025. Investors will get more insights when the FY2024 results and trading update are published on 6 March 2025. This Entain CEO change signals a continued focus on delivering growth and stability.

Find more news here https://www.ogqnews.com/category/news/