Entain, the global sports betting and gaming group, has announced that Jette Nygaard-Andersen, currently an independent non-executive director, has been appointed CEO with immediate effect.
Shay Segev, the outgoing CEO, steps down as a director today and will remain available to the new CEO, the board and management until July 8 to facilitate an orderly transition.
In addition, Rob Wood, Entain’s CFO, will have the role of deputy CEO added to his current role with immediate effect and Sandeep Tiku, Entain’s COO, will be appointed to the board later in the year. Jette Nygaard-Andersen joined the Entain Board as an independent non-executive director in 2019. As a board member she has been instrumental in the development of Entain’s growth and sustainability strategy.
Nygaard-Andersen has more than 20 years’ experience in leadership and operational roles in media, entertainment, sport and digital businesses and an extensive track record of working with fast-growing digital next generation online and mobile entertainment companies offering video gaming, esports and social media video content.
As such she brings significant experience to the CEO role that reflects the evolution of Entain into an entertainment focused company. Barry Gibson, Entain’s chairman, said: “We are extremely fortunate to have such an outstanding candidate and ready-made CEO in Jette. She is already deeply immersed in Entain’s strategy and clearly shares our ambition to be the world leader in sports betting and gaming entertainment." Nygaard-Andersen said: “I am very excited to have the opportunity of continuing the extraordinary momentum that Entain has in its existing markets, as well as helping it enter new regulated markets and reach new audiences.
"I am delighted that Rob has agreed to take on broader responsibilities and that the importance of our proprietary technology is recognised through Sandeep’s appointment to the board.
"I am deeply wedded to Entain’s commitment to providing industry-leading levels of player protection and to its philosophy that the most sustainable business in our industry will be the most successful business in our industry. I cannot wait to get started.”
