Cawley and Byng-Thorne to step down from Flutter’s board

Cawley and Byng-Thorne to step down from Flutter’s board

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Cawley and Byng-Thorne to step down from Flutter’s board

Michael Cawley, director at Flutter, will step aside from the operator’s board following its annual meeting on April 28th. Zillah Byng-Thorne will leave the board in 2023.

Cawley will not run for re-election to Flutter’s board of directors during this year’s annual meeting, instead resigning. Cawley had been the COO and deputy chief executive of Ryanair, an Irish airline, since 2003, having joined the company as chief financial officer in 1997.

Cawley was originally named to the board of directors of what was then Paddy Power in 2013. He has handled a series of deals and acquisitions over the last several years, assisting the firm in every phase of its development, including the formation of the current Flutter company and the Stars Group purchase in 2020.

As to who will replace Cawley, Holly Keller Koeppel, a non-executive director since May 2021, will take over as chair of Flutter’s audit committee now.

Byng-Thorne is the CEO of Future Plc, which owns a variety of media brands. Thorne was on Betfair’s board of directors before the company joined with Paddy Power.

Byng-Thorne, unlike Cawley, will run for re-election at this year’s session. She will not, however, do so in the following year, 2023. She will resign her position as chair of Flutter’s risk and sustainability committee.

Gary McCann, Flutter’s chairman, went on to comment:

“I’d like to take this opportunity to thank Michael and Zillah for their outstanding contributions to the board over the last nine years. We wish Michael the best of luck in the future, and I look forward to continuing to collaborate with Zillah throughout her remaining period as a director.”

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