Flutter Entertainment Plc has disclosed a number of boardroom-level changes, governing the FTSE100 gambling group.
Current Deputy-Chairman Divyesh Gadhia and long-term Non-Executive Director Peter Rigby have individually confirmed that they intend to retire from boardroom duties following Flutter’s annual general meeting scheduled for 29 April.
The FTSE firm has secured forthcoming replacements, confirming that Holly Koeppel and Nancy Dubuc will be appointed as independent non-executive directors, taking effect from April onwards.
A high profile US media and marketing executive, Nancy Dubuc is the current CEO of Vice Media, the popular youth-orientated global entertainment and news publisher.
Additionally, Flutter has further enhanced its US operations through the appointment of corporate financing expert Holly Koeppel as a strategic advisor.
A corporate governance veteran, Koeppel currently serves as an advisor to US blue chip firms British American Tobacco Arch Resources Inc and AES Corporation.
“Following an international search as part of our on-going Board renewal process, I am delighted to welcome Nancy and Holly to the Board. Nancy brings a wealth of experience in the media and entertainment sectors to Flutter,” stated company chairman Gary McGann.
“Holly has extensive experience of regulated consumer-facing businesses in the US and international markets. We look forward to Nancy’s and Holly’s involvement which will add enormously to the diversity of thought and perspective on the Flutter Board.”
McGann thanked Gadhia’s ‘invaluable contribution’ in helping the company achieve its ground-breaking merger with The Stars Group Inc – ‘ensuring that shareholders were appropriately represented and rewarded’.
Meanwhile, Peter Rigby was recognised as a ‘company stalwart’ having guided the company leadership through multiple M&A and regulatory cycles during his seven-year governance tenure.