Sportech has announced a range of board improvements, with CEO Richard McGuire and CFO Tom Hearne stepping down from their recent roles subsequent the launch of the group’s interim final results on 9 September 2021.
Previous Group COO Andrew Lindley will become CEO, with Nicola Rowlands to be promoted from Group Fiscal Controller to CFO. Both Lindley and Rowlands will be a part of the Sportech board nowadays.
The improvements observe a “complete analysis of the group’s small business strains the completion of the beforehand introduced disposals which has led to the proposed considerable funds return and also the new good final result to the Connecticut sports betting opportunity,” a assertion from the team examine.
“The board is extremely grateful to Richard and Tom for their passionate leadership, their sourcing and executing of quite a few corporate transactions and their commitment and determination in implementing strategic aims above quite a few many years,” mentioned Sportech Chairman Giles Vardey.
“They depart their roles with the many thanks and gratitude of quite a few folks in the organization and our stakeholders. We would like them both continued achievement. We are also searching forward to operating with Andrew and Nicola, who are very acquainted with the company and its marketplaces, and welcome them to the board.”
McGuire and Hearne will continue being available to guidance the betting technological innovation organization via to the conclude of the year.
McGuire commented: “After quite a few a long time of restructuring the company and pursuing a crystal clear goal of realising shareholder worth the place attainable, that goal has been primarily attained. Presented the key improvements in the company’s organization and structure, I think that now is the proper time to hand above the management reins to Andrew and Nicola.
“It’s been my honour to operate with so many focused organization professionals, company associates and supportive shareholders and I look forward to supporting each individual, having said that required in the long run.”