London-listed betting and gaming operator GVC Holdings has strengthened its board with the appointment of Pierre Bouchut as an independent non-executive director.

Bouchut has significant experience working in senior management roles in finance, European retail and European property over the past 40 years.

He was chief operating officer for Europe and Indonesia at Dutch food retailer Koninklijke Ahold Delhaize between 2016 and 2018, prior to which he served as chief financial officer at Belgian food retailer Delhaize Group (2012-2016).

He has also worked for Carrefour, Schneider Electric and french retailer Casino, as well as serving as a non-executive director of La Rinascente and a non-executive member of the advisory boards of Qualium Investissement and Lombard Odier Asset Management.

"I am delighted that Pierre is joining the Board,” GVC chairman Lee Feldman said. “With his extensive retail and finance experience as well as his time spent working as a non-executive director elsewhere, Pierre is a valuable addition to our Board.

“The appointment reflects the company's continuing commitment to broadening the skills and experience base of its Board and enhancing its corporate governance practices following the move to the Premium Segment of the Official List in 2016 and its entry into the FTSE100."

Bouchut is currently a non-executive director and chairman of the audit committee at London-listed property development and investment company Hammerson and Swiss fragrance and flavor business Firmenich. In addition, he is a director and chairman of the audit, accounts and risks committee of electric power generation company Albioma, and a non-executive director of European parcel delivery firm GeoPost.

Bouchut succeeds Stephen Morana as GVC's audit committee chairman with immediate effect, with Morana having been appointed senior independent director in June. Morana remains a member of the audit committee, while Karl Diacono has stepped down as a member.

Shares in GVC Holdings plc (LSE:GVC) were trading down 1.32 per cent at 1,044.00 pence per share in London Friday morning.


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