Playtech chair Mattingley to step down
Playtech chair Mattingley to step down
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The chairman of Playtech, the London-listed gambling technology group, is to step down, triggering a search for a successor with a taste for stringent corporate governance challenges. Sky News has learnt that Playtech will announce this week that Brian Mattingley, who has held the role since 2021, is to retire from its board this year.
Egon Zehnder International, the boardroom headhunter, is being appointed to handle the search for Mr Mattingley's successor, according to a source close to the situation. Money latest: Your boss is probably spying on you at home. A former chairman and chief executive of 888, the London-listed gaming company now known as Evoke, Mr Mattingley was also a founding director of Gala Leisure.
At Playtech, he has overseen a frenetic period of corporate activity while also finding himself in the eye of a series of storms with shareholders over boardroom pay and wider corporate governance. The most recent of those came in December when close to a third of investors rebelled over a €100m bonus plan for Mor Weizer, the company's chief executive, along with other senior executives.
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Install the Sky News app for free. Shareholders give Mr Mattingley credit, however, for helping to navigate the company through a challenging period in the gambling industry, in particular his role last year in securing the sale of Snaitech, its Italian consumer gambling arm, for €2.3bn.
