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Entain faces two new departures amid legal challenges
An international gambling and sports betting company, Entain, faces departures of Lachlan Fitt and Cameron Rodger.
Entain’s operations in Australia and New Zealand are set for major changes, as Rodger steps down as Managing Director of Entain NZ, while Fitt is also leaving his roles as Deputy Chief Executive and Chief Financial Officer of Entain Australia.
Fitt, who has served as CFO since 2018, played a vital role in the company’s mergers and acquisitions strategy.
Lachlan Fitt commented on his departure:
“After a decade as an international wagering executive, now is the right time to move on to my next chapter. I am grateful to Entain for backing me, and particularly for the recent opportunity to work on starting the revitalisation of the New Zealand racing industry. I am proud of the transformation of Entain’s wagering and media business in New Zealand. There is still more to do, but it is in great shape. I hope to shortly be announcing what I will be doing next—there are a number of opportunities that combine my passion for racing and bloodstock, and the global opportunity both present.”
Cameron Rodger joined Entain in 2023 after 12 years at Tab NZ, following the partnership between the two companies. Fitt has been Entain Australia’s CFO since 2019.
Rodger said:
“The progress made in modernising the New Zealand wagering landscape has been extraordinary, and I leave knowing the business is in great shape.”
Entain Australia boss Dean Shannon commented:
“We are sad to say goodbye to two members of our executive team who have provided many years of fantastic service and friendship. But at the same time, we are very happy for them both as they embark on their next adventure.”
These departures follow Gavin Isaacs’ recent departure from Entain. Despite challenges, the company is positioned to overcome them and remains optimistic, sticking to its 2024 earnings forecast, which will be released on March 6, 2025.
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