London-listed betting and gaming operator William Hill has confirmed that David Lowden will step down from the company’s board of director in March.
Lowden submitted his resignation as a non-executive director after accepting a position as chairman of London-listed healthcare and communications group Huntsworth.
He will be appointed as an independent non-executive director of Huntsworth on January 1st, taking over as chairman of the board on March 6th.
As a result of this additional responsibility, and in order to devote time to this and other commitments, Lowden will leave the William Hill board on March 4th. He has served on the board since 2011.
"On behalf of the William Hill board, I would like to thank David and acknowledge his contribution and service to the board over the last seven years, in particular his chairmanship of the Audit and Risk Management Committee,” said William Hill chairman Roger Devlin.
“David has been a valued member of the Board and I am particularly grateful for his counsel and support since I took on the role of chairman."
A successor to Lowden as chair of the Audit and Risk Management Committee will be announced in due course.
Shares in William Hill plc (LSE:WMH) were trading marginally higher at 154.95 pence per share in London Friday morning.