Former gambling exec Flint to chair Hargreaves Lansdown
Former gambling exec Flint to chair Hargreaves Lansdown
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The consortium which is in the process of buying Hargreaves Lansdown, the funds supermarket, for more than £5bn is lining up a prominent former gambling executive as its new chairman. Sky News has learnt that Richard Flint, a former boss of Sky Betting & Gaming, has been identified as the preferred candidate to replace Alison Platt, who steered Hargreaves Lansdown through its final year as a London-listed company.
Sources close to the appointment said that Mr Flint's appointment would be subject to approval from the Financial Conduct Authority (FCA). Mr Flint has had a long-standing connection to CVC Capital Partners, the private equity firm spearheading the bidding syndicate.
One insider said his experience working with businesses operating in highly regulated markets would serve Hargreaves Lansdown and its new shareholders well. Follow our channel and never miss an update. In addition to SkyBet, Mr Flint has been a non-executive director of Flutter Entertainment, the owner of Paddy Power and Betfair.
His current board roles include the chairmanship of dogfood subscription service Butternut Box and Seat Unique, the ticketing platform. 2024 review: Some of the year's big moments in eight charts. Pizza Hut restaurant operator races to finalise new ownership.
