– UK, London – GVC Holdings PLC (LSE:GVC), today announced the appointment today of Pierre Bouchut to GVC’s Board of Directors as an Independent Non-executive Director.
Over the last 40 years Mr Bouchut has worked in senior management roles in finance, European retail and European property. He is a non-executive director and chairman of the audit committee at Hammerson plc and Firmenich SA and a director and chairman of the audit, accounts and risks committee of Albioma SA. He is also a non-executive director of GeoPost SA.
Mr Bouchut was the chief operating officer for Europe and Indonesia at Koninklijke Ahold Delhaize N.V. (2016-2018), chief financial officer at Delhaize Group SA (2012-2016), Carrefour SA (2009-2012), Schneider Electric SA (2005-2009) and Casino (1995-2003), where he also served as the chief executive officer from 2003 to 2005. He has also been a non-executive director of La Rinascente SPA and a non-executive member of the advisory boards of Qualium Investissement and Lombard Odier Asset Management (Switzerland) SA.
With immediate effect Mr Bouchut succeeds Stephen Morana as GVC’s Audit Committee Chairman, the latter having been appointed the Senior Independent Director on 6 June 2018. Mr Morana remains a member of the Audit Committee and Karl Diacono steps down today as a member of the Audit Committee.
Lee Feldman, GVC’s Chairman, commented: “I am delighted that Pierre is joining the Board. With his extensive retail and finance experience as well as his time spent working as a non-executive director elsewhere, Pierre is a valuable addition to our Board. The appointment reflects the Company’s continuing commitment to broadening the skills and experience base of its Board and enhancing its corporate governance practices following the move to the Premium Segment of the Official List in 2016 and its entry into the FTSE100.”
About GVC Holdings PLC
GVC Holdings PLC is one of the world’s largest sports-betting and gaming groups, operating both online and in the retail sector. The Group owns a comprehensive portfolio of established brands; Sports Brands include bwin, Coral, Crystalbet, Eurobet, Ladbrokes and Sportingbet; Gaming Brands include CasinoClub, Foxy Bingo, Gala, Gioco Digitale, partypoker and PartyCasino. The Group owns proprietary technology across all of its core product verticals and in addition to its B2C operations provides services to a number of third-party customers on a B2B basis. GVC acquired Ladbrokes Coral Group plc on 28 March 2018 and is now the UK’s largest high street bookmaker, with over 3,500 betting shops. The Group, incorporated in the Isle of Man, is a constituent of the FTSE 100 index and has licences in more than 20 countries, across five continents.
For more information : http://www.gvc-plc.com
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