Roger Withers is to retire and will be stepping down from his position as chairman of Sportech on May 24 following the company’s annual general meeting.

Richard McGuire, who is currently a non-executive director, will be appointed chairman at the AGM. Ian Penrose, Sportech’s chief executive, commented: “I would like to take this opportunity to thank Roger Withers for his tremendous contribution to Sportech over the last six years. Throughout his tenure as chairman he has provided the board with fine leadership and wise counsel. On behalf of the board, I would like to wish him well for his retirement.”

Withers added: “I have thoroughly enjoyed my time as chairman of Sportech and am delighted to be leaving the company in great shape. I would like to express my appreciation of the excellent job done by Ian Penrose in leading the transformation of the group over the last few years. It has been a pleasure to work with him.

“I have been very impressed with Richard’s contribution to the board during his eight months with us and I am delighted that he will chair Sportech through the next stage in its development. We will spend the next few weeks ensuring there is an orderly handover and transition.”