London-listed operator 888 Holdings has ratified a number of changes to its executive team and board at its Annual General Meeting, with long-serving director and former CEO John Anderson retiring from the business.

At the company's AGM earlier today, 888 confirmed Richard Kilsby's retirement as chairman after nine years in the role, with Brian Mattingley stepping down as CEO and taking up the position of executive chairman. Both of these changes were first announced in August last year.

As a result of Mattingley’s resignation from the CEO role, chief operating officer Itai Frieberger has been appointed as an executive director of 888.

Perhaps the most notable revelation from the AGM however was the retirement of John Anderson as a non-executive director of 888’s board, a position he has held since December 2006. Anderson previously served as the company’s chief executive, from September 2000 to December 2006, and served a total of 14 years with 888.

He is a veteran of the industry, previously working for Ladbrokes and serving on the company’s board between 1990 and 1996.

Commenting on the changes, Mattingley said: "On behalf of the entire 888 team across the world I would like to express my sincerest gratitude to Richard and to John for their considerable contributions to 888 over many years. We wish them every success for the future.

"Richard has shown outstanding leadership during his nine-year tenure as chairman which has seen 888 grow and develop significantly. I would like to extend my personal thanks for Richard's unwavering dedication and counsel during my time as chief executive of 888."

Mattingley added that he was delighted to be stepping up to become executive chairman at such an exciting time for the business.

"Day-to-day operations will continue to be led by Itai Frieberger, our COO, and Aviad Kobrine, our CFO, who together have helped drive 888 forward in recent years," he continued. "We are confident that we have an industry-leading team to continue the company's growth for years to come."

Shares in 888 Holdings plc (Co.Data) (LSE:888) were trading up 4.08 per cent at 166.00 pence per share in London Wednesday.

Related