Flutter restructures board duties as critical US options dawn

Flutter restructures board duties as critical US options dawn

Article brief provided by SBC News
  • Ted Menmuir, SBC News
May 3, 2021 3:00 AM
  • Ted Menmuir, SBC News

Flutter Entertainment Plc has restructured its boardroom duties following the departures of company directors’ Divyesh ‘Dave’ Gadhia and Peter Rigby.

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During Q1 trading, Gadhia, Flutter’s Deputy Chairman, and long-term Non-Executive Director Rigby, announced that they would resign from all commercial duties representing the FTSE100 company.

Following the conclusion of Flutter’s AGM, Gadhia and Rigby have been formally replaced by the appointments of VICE Media CEO Nancy Dubuc and US corporate finance expert Holly Koeppel, who will serve as company Non-Executive directors.

As of 29 April, Flutter Senior Director Andrew Higginson, the current chairman of Morrison Supermarkets, will serve as Flutter’s Chair of Remuneration overseeing the FTSE’s firm’s executive pay and rewards policy.