(Sharecast News) - Gambling technology firm Playtech named 888 Holdings' Brian Mattingley as chairman designate on Wednesday, with his appointment set to take effect on 1 June.
Mattingley will succeed Claire Milne, who has served as interim chairman since May 2020, and has extensive experience in the gambling and leisure industries.
Milne said: "In selecting the new chair, we wanted to appoint an individual with significant online gambling experience and a track record of delivering high levels of corporate governance and stakeholder engagement in a highly regulated and fast-growing industry.
"Over the course of the last 30 years Brian has delivered strongly in these areas and has been at the forefront of the development of our industry. We are delighted that someone of Brian's calibre is joining the Board and look forward to benefitting from his experience to support our continued progress and growth."
Over at 888, Jonathan Mendelsohn will take over as chairman on 31 March, while Mattingley will remain available as a consultant to the group until he moves on to Playtech in June.
As of 0820 GMT, Playtech shares were up 1.78% at 497.50p, while 888 shares were 1.99% higher at 308.0p.
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