David’s appointment follows a period of transition following the departure of Gavin Isaacs after a brief tenture earlier this year and is intended to provide stability and consistency as Entain executes its strategic initiatives.
Pierre Bouchut, Interim Chair of Entain, commented: “The Board is delighted to have appointed Stella as CEO. She is an accomplished and commercial business leader with a long track record of success across multiple industries. Stella has played a pivotal role in shaping, implementing, and executing the ongoing delivery of Entain’s strategy to drive value for our shareholders.”
“She is highly regarded by our stakeholders, and her appointment provides consistency and stability as the business pursues its many growth opportunities.”
Speaking on her appointment, Stella David said: “Entain has a clear strategy and we are making great strides in strengthening our operational capabilities. Having taken the time to reflect, I am hugely excited to be leading the business going forward as Entain’s CEO as we accelerate our journey of improvement.”
“Entain is a great business with significant potential and I am confident in its ability to deliver further success in the future.”
The announcement marks a new chapter for Entain as it looks to strengthen its position in key markets and advance its technology-led growth strategy, following recent investments and international expansion efforts.
Source: G3 Newswire
