Gavin Isaacs of Essex will succeed interim CEO Stella David, who will become the chairman of the FTSE 100 index company after the current chairman Barry Gibson announced his retirement last April.
To ensure a smooth transition, Entain stated that David will work with Isaacs and then take over as chairman after Gibson's retirement on September 30th.
Earlier this month, David indicated that the performance of Entain in the first half of 2024 was "clear evidence" that their efforts to improve operational performance were paying off.
Following the performance of the first half of 2024, the company updated its guidance on Net Gaming Revenue (NGR), now expecting an NGR growth rate in the low single-digits for the fiscal year 24, with Group EBITDA expected to be between £1.04 billion and £1.09 billion.
