Entain plc (LSE: ENT), the global sports-betting and gaming group, announces that Jette Nygaard-Andersen, currently an independent non-executive director of Entain, has been appointed Chief Executive Officer with immediate effect. Shay Segev, the outgoing CEO, steps down as a director today and will remain available to Jette, the Board and management until 8 July, to facilitate an orderly transition. In addition, Rob Wood, Entain’s CFO, will have the role of Deputy CEO added to his current role with immediate effect, and Sandeep Tiku, Entain’s Chief Operating Officer, will be appointed to the Board later in the year.
Jette Nygaard-Andersen joined the Entain Board as an independent non-executive director in 2019. As a Board member Jette has been instrumental in the development of Entain’s growth and sustainability strategy. Jette has more than 20 years’ experience in leadership and operational roles in media, entertainment, sport and digital businesses and an extensive track record of working with fastgrowing digital next generation online and mobile entertainment companies offering video gaming, eSports, and social media video content. As such she brings significant experience to the CEO role that reflects the evolution of Entain into an entertainment focused company.
Rob Wood was appointed CFO in March 2019 following six years as CFO of the Group’s U.K. Retail division. Rob has played a critical role in driving the financial performance of the Group and delivering the new strategy announced in November. To continue Rob’s development, he will now take responsibility for all Retail operations and M&A activities under the role of CFO and Deputy CEO.
Sandeep Tiku joined Entain (then bwin.party) in June 2014. After four years as Group Chief Technology Officer he became Group COO in July 2020 to drive Entain’s operations through technology and operational excellence. Sandeep has been instrumental in developing Entain’s industry leading proprietary technology platform, and also drove the integrations of the bwin.party, Ladbrokes and Coral businesses into the Group. His appointment to the Board, which will take effect later in the year, reflects the importance of the technology platform to Entain’s continued success.