Last checked at 3 Mar 2021 07:00
3rd March 2021
888 Holdings Plc
("888" or "the Group")
Directorate Change
888 (LSE: 888), one of the world's leading online betting and gaming companies, announces that Lord Jonathan (Jon) Mendelsohn will take up the role of Chair on 31st March 2021, further to the Group's announcement on 23 September 2020 which stated that he had joined 888 as Chair Designate.
Brian Mattingley has informed the company of his intention to take the role of Chair of Playtech. It has been mutually agreed that Brian will remain a member of the Board and Chair until 31st March 2021, and will remain available as a consultant to 888, before taking up the new role as Chair of Playtech from June 2021.
Jon joined the Board in September 2020 and has been serving as a Non-Executive Director, and on the Remuneration Committee and Audit Committee, ensuring a smooth transition of responsibilities from Brian.
Brian Mattingley, Non-Executive Chairman of 888, commented:
"It has been a great privilege to Chair 888 and serve its stakeholders during more than 15 years with the Group. I am personally very pleased that someone of Jon's experience and calibre will succeed me as Chair and I look forward to following the progress of the Group."
Jon Mendelsohn, Non-Executive Director of 888 and Chair Designate, commented: "I would like to thank Brian for his extensive contribution to the Group, and for the time we have spent together to ensure a smooth handover of responsibilities, and I wish him well in his new opportunity. I am looking forward to continuing to work with the Board and the management team to deliver the Group's growth strategy and generate further stakeholder value."
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Enquiries and further information:
888 Holdings Plc | +350 200 49 800 |
Itai Pazner, Chief Executive Officer Yariv Dafna, Chief Financial Officer | |
Hudson Sandler - 888@hudsonsandler.com Alex Brennan Bertie Berger Andy Richards | +44(0) 207 796 4133 |
About 888 Holdings Plc:
888 Holdings plc (and together with its subsidiaries, "888" or the "Group") is one of the world's leading online betting and gaming companies. 888's mission is to develop state-of-the-art technology and products that provide fun, fair and safe digital gambling products to players globally. Safer gambling is a core focus for the Group and, at the beginning of 2020, 888 launched its 'Safer. Better. Together' safer gambling strategy and commitments.
888 has been at the forefront of the online gaming industry since foundation in 1997, leveraging its proprietary technology to provide to players and B2B partners an innovative and world-class online gaming experience.
In 2020, the company was proud to be recognised at the 2020 Gaming Intelligence awards as winner in the Casino Operator of the Year category. In 2020, 888 also won two prestigious awards for its poker platform at the 2020 Poker Listings Operator Awards in the Most Improved Software and Best Beginner Software categories.
The Group is structured into two lines of business: B2C, under the 888 brands, and B2B, conducted through Dragonfish, which provides partners a leading platform through which to establish an online gaming presence and monetise their own brands in a safe and responsible manner.
888's consumer facing websites offer more than just online betting and gaming. They are entertainment destinations: places where people can enjoy a truly interactive experience and be part of an online community that shares common interests. 888's strong and trusted brands are all accessible through www.888.com.
Find out more about 888 at http://corporate.888.com/.