NED Archives - Keno Wizard https://kenowizard.com/tag/ned/ The Ultimate Keno Destination for Odds, Tips & Tricks Tue, 31 Oct 2023 17:27:36 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://i0.wp.com/kenowizard.com/wp-content/uploads/2023/02/cropped-keno-wizard-icon.png?fit=32%2C32&ssl=1 NED Archives - Keno Wizard https://kenowizard.com/tag/ned/ 32 32 230792155 Entain Names Amanda Brown as Independent NED https://kenowizard.com/2023/10/31/entain-names-amanda-brown-as-independent-ned/ https://kenowizard.com/2023/10/31/entain-names-amanda-brown-as-independent-ned/#respond Tue, 31 Oct 2023 17:27:36 +0000 https://kenowizard.com/2023/10/31/entain-names-amanda-brown-as-independent-ned/ Global gaming and sports betting leader Entain has reinforced its board with the appointment of Amanda Brown as an independent non-executive director (NED). The experienced appointee has years of experience in corporate leadership roles and is a valuable addition to the team. Brown will officially join the team on November 8, also becoming a member [...]

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Global gaming and sports betting leader Entain has reinforced its board with the appointment of Amanda Brown as an independent non-executive director (NED). The experienced appointee has years of experience in corporate leadership roles and is a valuable addition to the team.

Brown will officially join the team on November 8, also becoming a member of Entain’s Remuneration Committee.

The new appointee boasts an impressive track record that includes various positions at multiple notable companies. She was most recently chief human resources officer at Hiscox. During her time at the company she also served as a member of its senior leadership team but stepped down in 2022.

In addition, Amanda is currently a NED and Remuneration Committee chair of Mitchells & Butlers, as well as a NED and chair designate of the Remuneration Committee at the Manchester Airport Group.

Her previous experiences include time as a NED and Remuneration Committee chairperson at Micro Focus International.

Entain’s new hire also boasts a degree in English from Reading University.

Gibson Welcomed Brown to the Entain Family

Entain’s chairman, Barry Gibson, welcomed the new hire on board, praising her experience in business and board positions. He said that he trusts her ability to help Entain’s board and help Entain enact its corporate strategy.

On behalf of the Board, I am delighted to welcome Amanda to Entain. Amanda brings a wealth of international business and board experience. I am confident that her skills and expertise will further enhance the Board’s ability to support and oversee the delivery of our strategy.

Barry Gibson, chair, Entain

Entain’s official announcement concluded that there are no details to disclose for Amanda Brown under Listing Rule 9.6.13. The company also noted that she currently does not own any Entain ordinary shares.

Recent Entain Developments

In other news, Entain’s chief executive officer, Jette Nygaard-Andersen, recently teased that the tie-up with MGM Resorts is unlikely to be permanent. Her statement caused industry experts to suggest that a possible MGM takeover attempt of Entain might be on the table.

Nygaard-Andersen’s statement came just after Entain announced its plans to downscale Unikrn amid changing priorities and regulatory headwinds.

At the beginning of this month, on the other hand, Entain completed its $100 million acquisition of Angstrom Sports. The deal, according to the company, will help the casino giant “unlock significant opportunities” in the US market.

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Flutter Entertainment Parts Ways with NED Mary Turner https://kenowizard.com/2023/09/08/flutter-entertainment-parts-ways-with-ned-mary-turner/ https://kenowizard.com/2023/09/08/flutter-entertainment-parts-ways-with-ned-mary-turner/#respond Fri, 08 Sep 2023 21:56:57 +0000 https://kenowizard.com/2023/09/08/flutter-entertainment-parts-ways-with-ned-mary-turner/ Gambling giant Flutter Entertainment announced that it is parting ways with Mary Turner, one of its non-executive directors. According to the announcement, the Canadian national will officially leave the board at the end of September, ending a three-year tenure. In addition to departing from her position as a NED, Turner will also resign as chair [...]

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Gambling giant Flutter Entertainment announced that it is parting ways with Mary Turner, one of its non-executive directors. According to the announcement, the Canadian national will officially leave the board at the end of September, ending a three-year tenure.

In addition to departing from her position as a NED, Turner will also resign as chair of the workforce engagement committee. That position will be assumed by Nancy Cruickshank, another non-executive director, starting in October.

Turner is an experienced industry worker who initially served as a corporate director and chair of corporate governance and nominating committee at Stars Group. She joined the company in 2017 and remained on board until its merger with Flutter Entertainment in 2020.

Prior to her time in the gambling industry, Turner worked in senior positions at several other companies. Between 2002 and 2022, she served Mackenzie Financial Corporation as a corporate director. From 2015 to 2017, on the other hand, Turner had a short stint as the senior vice president of finance transformation at Canadian Tire Corporation. From 2012 to 2016, she also served as president and chief executive officer of Canadian Tire Bank.

Flutter Entertainment’s chairman, John Bryant, used the opportunity to thank Turner for her “exceptional contribution” to the board. On behalf of his team, he wished her all the best.

Bryant himself is a fairly new addition to Flutter’s team. He was appointed a week ago, replacing the outgoing Gart McGann.

In other news, Flutter Entertainment recently posted its financial results for the first half of the year. The company reported strong growth in revenue and EBITDA, as well as an increase in its overall number of monthly active players.

Flutter’s H1 revenue sat at $6.12 billion, representing a robust 42% year-on-year increase and underpinning the success of the company’s growth strategy. Group EBITDA, on the other hand, hit $1.04 billion. Flutter Entertainment’s monthly players, meanwhile, skyrocketed from 9.6 million in H1 2022 to 12.9 million in H1 2023.

The results were partially attributed to Flutter’s spectacular success in the United States.

In late July, Flutter Entertainment and Fox Corp decided to shut down their joint sports betting venture, FOX Bet. The decision followed multiple disagreements between the two parties.

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