PointsBet Holdings has promoted Andrew Catterall to the chief executive’s office to succeed long-serving Sam Swanell.
Catterall currently serves as PointsBet’s Australia CEO and will take charge of the company on 1 February, subject to customary gaming licensing and regulatory approvals.
Prior to joining PointsBet in 2022, he served as CEO of Racing.com, where he oversaw significant growth in audience, digital engagement and commercial performance.
He succeeds Swanell, who steps down after nearly ten years in the role and will continue to support the business through a transition and handover period.
Following this period, Swanell will move into an advisory role within the group and will remain on the Board as an executive director.
“On behalf of the Board, I would like to thank Sam Swanell for his exceptional leadership, unwavering commitment and deep contribution to PointsBet since founding the company,” said PointsBet chairman Brett Paton. “Sam has guided PointsBet through every stage of its development and growth, and his continued involvement in an advisory capacity, as well as his ongoing service on the Board, will ensure the business continues to benefit from his insight and experience.
“We are delighted to appoint Andrew Catterall as group CEO. Andrew has delivered strong performance within our Australian operations and brings extensive industry expertise, strategic capability and leadership qualities that will guide PointsBet into its next phase. The Board congratulates Andrew on his appointment and looks forward to working closely with him as he leads the Group forward.”
Shares in PointsBet Holdings Ltd (ASX:PBH) closed 2.22 per cent higher at A$0.92 per share in Sydney earlier Thursday.