Playtech Announces Changes to Its Board, Brian Mattingley to Step Down as Chair

Playtech has confirmed that Brian Mattingley will step down from his role as chair of the board, effective after a four-year tenure. Mattingley, who took on the position in April 2021, shortly after concluding his time as CEO of 888, has decided it is time for a transition. While he steps down, Mattingley will remain in his current position for several months to assist in the search and appointment of his successor.

Mattingley’s Legacy at Playtech

Under Mattingley’s leadership, Playtech achieved significant milestones, such as the sale of Snaitech and the negotiation of a revamped strategic agreement with Caliplay, a venture between Playtech and the Mexican operator Caliente. These achievements have marked key moments in the company’s evolution, with Mattingley playing an instrumental role in guiding Playtech during these developments.

Before his time at Playtech, Mattingley had already established a solid reputation in the gambling sector, having spent nearly a decade as the CEO of 888. His extensive experience includes holding high-ranking roles such as CFO of Gala Coral Group and CEO of Ritz Bingo, providing him with a wealth of expertise that he brought to Playtech’s board.

Mattingley Reflects on His Time as Chair

“It has been an absolute privilege to serve as chair of Playtech and to help steward the company through an important phase of growth and transition,” Mattingley said in his announcement. “I am proud of the milestones we have achieved as Playtech prepares to embark on a new chapter as a predominantly pure-play B2B business.”

Acknowledging the timing of his decision, Mattingley shared his belief that now was the right moment to step down, given the company’s evolving trajectory. He expressed his gratitude towards Playtech’s board, leadership, and broader team: “I would like to thank my fellow board members, the leadership team and, above all, the wider Playtech family for their passion and commitment.”

CEO’s Tribute to Mattingley’s Leadership

Playtech’s CEO, Mor Weizer, praised Mattingley’s contributions, calling him “an outstanding chair.” He added, “Brian has been an outstanding chair, offering invaluable guidance, constructive challenge, and unwavering dedication to the team during a time of significant transformation at Playtech.”

Weizer further acknowledged Mattingley’s extensive network and industry experience, noting that Playtech had benefited greatly from his knowledge and leadership. “His presence on the board will be greatly missed and we wish him the very best,” Weizer concluded.

Board Restructuring and Committee Changes

In addition to Mattingley’s departure, Playtech is undertaking changes to its board structure, set to take effect on March 1. Notably, the company will merge its Regulatory & Compliance and Sustainability & Public Policy Committees to provide unified oversight in these critical areas. Linda Marston-Weston, a non-executive director, will lead the newly combined Sustainability & Compliance Committee. She will be joined by senior independent director Ian Penrose and non-executive director Samy Reeb, who will also serve as members.

Further restructuring includes the upcoming departure of Anna Massion, who will step down as non-executive director and chair of the Remuneration Committee on February 28. Playtech plans to appoint a new non-executive director in the near future. From March 1, Samy Reeb will take on the role of chair of the Remuneration Committee, while continuing his duties as a member of the Audit & Risk Committee.

As Playtech moves forward with these changes, the company is clearly entering a new phase of development. The board reshuffling, coupled with Mattingley’s departure, reflects the company’s ongoing evolution, and these transitions aim to strengthen its leadership and governance framework for the future.

Source:

”Mattingley to exit as Playtech chair”, igamingbusiness.com, January 29, 2025.