Toronto-listed gaming operator The Stars Group has appointed experienced video game executive John Schappert as an independent director.
Schappert has served as chairman and CEO of Shiver Entertainment, a developer of video game software for consoles such as PlayStation 4 and Xbox One.
He also currently serves as chairman of video game developers Motorsport Games and Pipeworks Studios, and previously served as Zynga chief operating officer from 2011 to 2012, and COO of Electronic Arts from 2009 to 2011.
Schappert is best known for founding Tiburon Entertainment, developer of the Madden NFL video game franchise, where he served as president and CEO until 1998, when it was acquired by EA.
The Committee will have certain oversight and monitoring responsibilities with respect to technology-related risks and the overall role of technology in executing The Stars Group's business strategy.
It is currently comprised of chairman Eugene Roman and members Schappert and Mary Turner.
Shares in The Stars Group Inc (TOR:TSGI) slumped by 18.75 per cent to close at CAD$17.16 per share in Toronto Monday following the release of the company’s Q2 financial results, hitting a new 52-week low of $16.69 per share earlier in the day.