In 2022, Isaacs was inducted into the American Gaming Association’s Hall of Fame, reflecting his extensive industry expertise leading and building a wide range of businesses. In line with the previously announced succession plan, and to support a smooth transition, Stella David will work alongside Gavin Isaacs before succeeding Barry Gibson as Chair of Entain following his retirement on 30 September 2024.
The experienced Isaacs takes on the top role at Entain having held a host of other senior positions in gambling. He has most recently been serving as chair of Games Global but is stepping down with immediate effect.
Entain has been looking for a new, permanent CEO since December last year when Nygaard-Andersen resigned. She had led Entain as CEO since January 2021. Upon leaving Entain, Nygaard-Andersen said the group was in a “stable and sustainable” position.
Barry Gibson, Chair of Entain, commented: “On behalf of the Board, I am delighted to welcome Gavin to Entain. We are confident that his proven leadership and operational experience mean that Gavin is the right person to take Entain into its next chapter. I would also like to thank Stella David and Entain colleagues for the significant operational improvements and progress made so far towards our strategic priorities.”
Stella David, Interim CEO & Chair Designate, said: “I am looking forward to working with Gavin and transitioning into my new role as Chair of this fantastic business. The positive progress we have already achieved means the business has strong building blocks in place for the future. I am confident that with Gavin’s leadership we will realise the ambitious plans that we have for Entain.”
Gavin Isaacs commented: “I am very excited to be joining Entain. The company’s iconic brands, exceptional talent and ongoing execution of its refocused strategy will enable the business to return to a leadership position across all aspects.”
“I am confident that Entain has an extremely bright future, and I look forward to leading the Group in capitalising on the opportunities ahead and creating value for all its stakeholders.”
Source: GMB
