Playtech FD Andrew Smith to step down

(Sharecast News) - Gambling software specialist Playtech said on Tuesday that its chief financial officer was stepping down.

The London-listed firm said Andrew Smith was stepping down as both chief financial officer and executive director for "personal reasons", and that he would leave the firm on 28 November. Playtech added that the decision was mutual.

He will be replaced by his current deputy, Chris McGinnis, who has been with Playtech since 2017.

Brian Mattingley, Playtech chair, said Smith - who took over as chief financial officer in 2017 - had played a "crucial role...helping to steer the business through the pandemic, including delivering a record half year performance in the first half of 2022, and leading the recent successful refinancing of Playtech's external debt in light of the upcoming bond maturity".

He added: "We wish him all the best in his future endeavours."

Playtech