The renewal of the board of Flutter Entertainment – owner of Pokerstars – sees Keller Koeppel and Lazzarato take over as chairman, Lennon will be non-executive director.
Great maneuvers to Flutter Entertainment, which announces three changes to its board of directors, with the arrival of Holly Keller Koeppel, Carolan Lennon and David Lazzarato in the company, owner of the Pokerstars brand and included in the list of the Ftse 100, the index shareholder of the 100 largest companies listed on the London Stock Exchange.
Following the company’s general meeting, Flutter confirmed that Michael Cawley has resigned as non-executive director and chairman of the audit committee, while Zillah Byng-Thorne has resigned as chairman of the risk and sustainability committee, but will continue as non-executive director.
To fill the vacancies, Flutter has appointed Keller Koeppel as chairman of the Audit Committee and Lazzarato as chairman of the Risk and Sustainability Committee from April 28.
In addition, Lennon, a non-executive director and senior independent director of the Aib Group, will join Flutter as Country Leader for Salesforce Ireland and a non-executive director from 1 July.
Lennon’s business experience includes four positions as CEO of the Irish telecommunications provider Eir until January 2022, and previously held the position of Chief Commercial Officer at the company and Consumer and Marketing Director of Vodafone Ireland.
Gary McGann, President of the Flutter Group, says: “Following extensive research as part of our ongoing Board renewal process, I am pleased to welcome Carolan as Non-Executive Director.
Carolan has significant experience with regulated consumers facing digital businesses. Carolan’s appointment is in line with our Council renewal program, taking into account the scale, geographic breadth and growth of the business. We look forward to Carolan joining the Flutter Board and contributing to the company’s future. “
The appointments come shortly after Flutter’s annual report for 2021, which revealed that the international gambling group has suffered operating losses of £ 288 million.
Despite this, and although the group’s EBITDA has also declined, largely due to the merger with The Stars Group (TSG) in May 2020, Flutter has been able to secure a 37 percent increase in revenue to 6.04 billion pounds (2020: £ 4.4 billion).