Entain appoints David Satz as senior independent director

February 18, 2025

Entain appoints David Satz as senior independent director

Entain has announced the appointment of David Satz as its new Senior Independent Director, effective immediately. Satz, who has been a Non-Executive Director since October 2020, also serves as Chair of the Sustainability & Compliance Committee and is a member of the Audit Committee. His appointment comes as part of a broader leadership restructuring at the global betting and gaming group.

Board restructuring at Entain

Alongside Satz’s appointment, Entain has made several other key changes to its board structure. Pierre Bouchut, the Interim Chair, has taken over as Chair of both the Capital Allocation and People & Governance Committees. However, he has stepped down from his position on the Audit Committee.

Further adjustments include Helen Ashton joining the Capital Allocation Committee. Meanwhile, Interim CEO Stella David has relinquished her positions in the Capital Allocation, People & Governance, and Sustainability & Compliance Committees.

The company recently saw CEO Gavin Isaacs resign after just five months in the role. After Isaacs’ departure, Entain’s share price declined 10.35 percent on the day of the announcement.

Speculation over permanent CEO appointment

With Stella David currently leading the company on an interim basis, industry speculation has intensified over who will take on the role permanently. Potential candidates include BetMGM CEO Adam Greenblatt and Entain CFO Rob Wood.

Recently, former top executives of Ladbrokes Coral parent Entain plc have sued the company and its law firm in a London court over alleged sharing of privileged legal advice during the negotiations of deferred prosecution agreement (DPA) with regard to its legacy Turkish arm.

Kenny Alexander, the former Chief Executive Officer (CEO), and ex-chairman Feldman of the FTSE 100 company, have launched a lawsuit against Entain and its law firm, Addleshaw Goddard (AG), alleging that privileged legal advice was improperly shared during the negotiations of a £615 million DPA at its Turkish arm, according to court records obtained by the Financial Times.