Playtech has begun the search for a new chairperson to replace Brian Mattingley, who has announced his intention to step down.
Mattingley has served as non-executive chair of the gaming supplier’s board of directors since June 2021 when he joined the company from 888 Holdings (now evoke).
Playtech said in a statement Wednesday (29 Jan.) that Mattingley will continue in his role for the next few months in order to ensure an orderly transition to his successor.
“Brian has been an outstanding Chair, offering invaluable guidance, constructive challenge and unwavering dedication to the team during a time of significant transformation at Playtech,” said chief executive officer Mor Weizer.
“We have benefitted enormously from his strong relationships across the industry, and his depth of knowledge and experience. His presence on the Board will be greatly missed, and we wish him the very best.”
The Board of Playtech also announced the planned combination of its Regulatory & Compliance Committee and its Sustainability & Public Policy Committee to become the Sustainability & Compliance Committee.
The merged committee will be led by Linda Marston-Weston, with Ian Penrose and Samy Reeb serving as ordinary members. Marston-Weston will also become a member of the Nomination Committee, with all committee changes effective 1 March.
Commenting on his decision to step down, Mattingley said: “It has been an absolute privilege to serve as Chair of Playtech and to help steward the company through an important phase of growth and transition. I am proud of the milestones we have achieved as Playtech prepares to embark on a new chapter as a predominantly pure-play B2B business.
“It is with that in mind that I feel now is the right time to step down. I would like to thank my fellow Board members, the leadership team and, above all, the wider Playtech family for their passion and commitment.”
Shares in Playtech plc. (LSE:PTEC) were trading 1.08 per cent lower on the news at 734.00 pence per share in London Wednesday morning.