On Tuesday, Playtech (LON: PTEC) introduced the choice of its Chief Monetary Officer and Govt Director, Andrew Smith, to step down from his place, citing “private causes.” He might be changed by Chris McGinnis, who’s at the moment Playtech’s Deputy CFO and Director of Investor Relations.
Smith’s final day on the firm might be on 28 November, the identical day McGinnis will take over the CFO and Govt Director function.
Smith has been part of Playtech for the previous seven years and 9 months. He joined the London-headquartered firm in March 2015. He was a lawyer by coaching and beforehand labored for Temenos, Deutsche Financial institution, ABN AMRO Financial institution, Ashurst, and the Monetary Companies Authority (now FCA).
“On behalf of the Board, I want to thank Andy for the contribution he has made to Playtech over the previous seven years, and specifically since taking on as CFO in 2017,” mentioned Playtech’s Chairman, Brian Mattingley.
“Andy has performed a vital function on the Firm, serving to to steer the enterprise via the pandemic, together with delivering a document half-year efficiency in H1 2022 and main the current profitable refinancing of Playtech’s exterior debt in gentle of the upcoming bond maturity.”
Certainly, the corporate’s income climbed by 73 p.c to €792.3 million within the first six months of 2022, whereas the debt refinancing is predicted to avoid wasting €20 million yearly.
The New CFO
In keeping with his Linkedin profile, McGinnis joined Playtech in June 2017 and was the Deputy CFO for the final two months. He initially joined the corporate because the Head of Strategic Evaluation and was later promoted to the Director of Investor Relations and Strategic Evaluation.
He additionally labored at Temenos beforehand for greater than six years. In his two-decade-long profession, McGinnis held roles at Stifel Nicolaus, BofA Merrill Lynch, UBS Securities, and Deloitte & Touche.
“I’m delighted that Chris might be becoming a member of the Board as CFO,” Mattingley added. “Along with his deep information of Playtech and the sector, he brings a powerful set of economic and strategic abilities that might be invaluable because the Firm seems to be to ship additional development.”
On Tuesday, Playtech (LON: PTEC) introduced the choice of its Chief Monetary Officer and Govt Director, Andrew Smith, to step down from his place, citing “private causes.” He might be changed by Chris McGinnis, who’s at the moment Playtech’s Deputy CFO and Director of Investor Relations.
Smith’s final day on the firm might be on 28 November, the identical day McGinnis will take over the CFO and Govt Director function.
Smith has been part of Playtech for the previous seven years and 9 months. He joined the London-headquartered firm in March 2015. He was a lawyer by coaching and beforehand labored for Temenos, Deutsche Financial institution, ABN AMRO Financial institution, Ashurst, and the Monetary Companies Authority (now FCA).
“On behalf of the Board, I want to thank Andy for the contribution he has made to Playtech over the previous seven years, and specifically since taking on as CFO in 2017,” mentioned Playtech’s Chairman, Brian Mattingley.
“Andy has performed a vital function on the Firm, serving to to steer the enterprise via the pandemic, together with delivering a document half-year efficiency in H1 2022 and main the current profitable refinancing of Playtech’s exterior debt in gentle of the upcoming bond maturity.”
Certainly, the corporate’s income climbed by 73 p.c to €792.3 million within the first six months of 2022, whereas the debt refinancing is predicted to avoid wasting €20 million yearly.
The New CFO
In keeping with his Linkedin profile, McGinnis joined Playtech in June 2017 and was the Deputy CFO for the final two months. He initially joined the corporate because the Head of Strategic Evaluation and was later promoted to the Director of Investor Relations and Strategic Evaluation.
He additionally labored at Temenos beforehand for greater than six years. In his two-decade-long profession, McGinnis held roles at Stifel Nicolaus, BofA Merrill Lynch, UBS Securities, and Deloitte & Touche.
“I’m delighted that Chris might be becoming a member of the Board as CFO,” Mattingley added. “Along with his deep information of Playtech and the sector, he brings a powerful set of economic and strategic abilities that might be invaluable because the Firm seems to be to ship additional development.”
