Entain stock surges on takeover rumors
There have been recent reports suggesting large private equity companies are considering purchasing all or a portion of Entain.Entain's stock price has increased by five...
Entain expands Board with Ricky Sandler
Ricky Sandler has joined Entain as the firm’s latest non-Executive Director.
Having a career of more than three decades, the new appointee is an excellent candidate to expand Entain’s Board of Directors. Sandler is also the Founder, Chief Executive, and Chief Investment Officer of an international investment management firm, Eminence Capital.
Entain’s Chair, Barry Gibson, remarked:
“We are delighted to expand our Board with Ricky. He has a thorough knowledge of Entain’s operations and a belief in the growth prospects of our business. We are eager to utilize his extensive wealth of knowledge as we work together to provide our shareholders with an enhanced value.”
The new appointee commented:
“Entain is a successful gambling firm with industry-leading offerings, a top-notch backend platform, and an excellent international presence spanning numerous key markets all across the globe. I am eager to work closely with its team to accelerate the company’s growth and provide its stakeholders with enhanced value.”
Furthermore, along with joining the company’s Board, Sandler will also join two of the operator’s committees. Through his membership in one of them, the new appointee will work closely with the firm to identify another Director approved by both Entain and Eminence Capital.
Entain CEO Jette Nygaard-Andersen steps down
Jette Nygaard-Andersen, the CEO of Entain, has recently announced her departure from the firm.Nygaard-Andersen’s resignation has already taken effect, with the gambling...
