Playtech Announces Brian Mattingley as New Chair
Playtech (LON: PTEC) has announced the appointment of 888 chair Brian Mattingley as its new non-executive chairman, starting from 1 June. He is replacing Claire Milne, who became interim chairman in April 2020 after Alan Jackson left the post.
Speaking about his new role, Mattingley said, “I’m very pleased to be joining Playtech, at such an exciting time in the Company’s development.” He added that he believes the company is well positioned to build on its market leadership position and that he is looking forward to working with the company to make the most of future opportunities.
Mattingly first joined 888 in 2005 as a non-executive director and he was chief executive from 2012 to 2016. He was re-elected as chairman in 2019, but it was not without opposition as there were those who felt he had spent too long on the board. In his new role, Mattingley will be paid £338,000 per year.
In the past, he has also worked for companies such as Gala Group (TYO: 4777), Ritz Bingo, Kingfisher Plc (LON: KGF) and Dee Corporation.
In selecting the new chair, we wanted to appoint an individual with significant online gambling experience and a track record of delivering high levels of corporate governance and stakeholder engagement in a highly regulated and fast-growing industry. Over the course of the last 30 years Brian has delivered strongly in these areas and has been at the forefront of the development of our industry. We are delighted that someone of Brian’s calibre is joining the Board and look forward to benefitting from his experience to support our continued progress and growth.
888 Holdings has announced that Lord Jon Mendelsohn, who used to be director of general election resources for the UK’s Labour Party, will be replacing Mattingley. Mattingley said that he was “very pleased” that such an experienced person will be replacing him and that he looks forward to following the progress of the company in the future.