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EXECUTIVE CHANGES: Celtic Manager Resigns; Entain Adds Two Directors

Wed, 24th Feb 2021 15:22

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Wednesday and not separately reported by Alliance News:

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Celtic PLC - Glasgow football club - Neil Lennon resigns as manager after a defeat that left the team trailing crosstown rivals Rangers by 18 points in the Scottish Premiership. A 10th Scottish title in a row is all but impossible after a weekend loss against lowly Ross County, dpa reports, as Steven Gerrard's Rangers look set to clinch their first title since 2011. Celtic did also not survive the group stage in the Europa League, winning just one of the six games. "We have experienced a difficult season due to so many factors and, of course, it is very frustrating and disappointing that we have not been able to hit the same heights as we did previously," Lennon says in a club statement. John Kennedy will be interim manager effective immediately. Last week, Celtic, which is listed on AIM, said it swung to a loss in the six months to December 31, as revenue fell 24% due to restrictions imposed to contain coronavirus.

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Entain PLC - London-based sports-betting and gaming - Hires Stella David and Vicky Jarman as independent non-executive directors. David was chief executive officer of Scotch whisky maker William Grant & Sons and chief marketing officer of rum maker Barcardi Ltd. She was named as an independent non-executive director of Domino's Pizza Group PLC on Tuesday and also is a non-executive director of Homeserve PLC and Norwegian Cruise Line Holdings Ltd. Jarman is a chartered accountant who worked in the investment banking team at Lazard & Co Ltd, including as chief operating officer for the London and Middle East operations. Jarman is currently a non-executive director of Signature Aviation PLC and Great Portland Estates PLC. Meanwhile, Senior Independent Director Stephen Morana will step down from the board on Thursday next week to pursue his executive role as chief financial officer of online used-car platform Cazoo, which is reported to be planning an initial public offering in London.

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Thruvision Group PLC - Abingdon, England people-screening security technology - Hires Richard Amos as non-executive director, starting Monday next week. Amos was CFO of information, education and networking services firm Wilmington PLC, stepping down in December. Before that he was CFO of Plant Impact PLC, which was bought by speciality chemicals firm Croda International PLC in 2018. Meanwhile, Paul Taylor will step down from the board after the upcoming annual general meeting, having served for nine years.

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HarbourVest Global Private Equity Ltd - Guernsey-incorporated private equity investor - Libby Burne joins as independent non-executive director on Monday next week. Burne spend 20 years with accountants PwC in the Channel Islands and Australia, specialising in asset management sector.

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By Tom Waite; thomaslwaite@alliancenews.com

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EXECUTIVE CHANGES: Celtic Manager Resigns; Entain Adds Two Directors

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