New York, United States, May 31,
2024
Flutter
Entertainment plc ("Flutter" the "Group")
Directorate Change - Group CFO Transition
Flutter Entertainment plc, the
leading global sports betting and gaming operator, announced today
that Group CFO, Paul Edgecliffe-Johnson, will leave the Group and
be succeeded by Rob Coldrake with immediate effect.
In anticipation of the Company's US
Primary Listing on 31st May 2024 and the consequent need for
extensive executive management time to be spent in the United
States, the Board has recently engaged in a discussion with Paul
Edgecliffe-Johnson concerning his ability to meet that requirement
in light of his family commitments in the U.K. Following this
discussion, the Board has concluded that it is in the Company's
best interests for Paul Edgecliffe-Johnson to step down from his
role as Group CFO and Executive Director.
Rob Coldrake is currently Chief
Financial Officer of Flutter International, a role he has held
since joining the Group in 2020. He previously spent 14 years
in TUI Travel plc in a variety of financial roles, having started
his career with PricewaterhouseCoopers.
Commenting on the appointment, CEO
Peter Jackson said: "I am delighted that Rob will become our next Group
CFO. During his four years at Flutter, he has shown
himself to be a CFO of exceptional calibre and his skills and
experience will help us to take advantage of the significant
opportunities before us. I would like to thank Paul for his contribution to the
Group, particularly in relation to achieving our US primary
listing, and I wish him and his family well."
John Bryant, Chair, commented: "The
Board welcomes the appointment of Rob as Group CFO and is especially
delighted we were able to develop such a high-quality executive
within our own business. We look forward to working with him
and the team into the future. I would also like to take the
opportunity to wish Paul
well and to thank him for his contribution to the
Group."
Enquiries:
Edward Traynor, Group Company Secretary,
edward.traynor@flutter.com
Paul Tymms, Investor Relations,
investorrelations@flutter.com
Kate Delahunty, Corporate
Communications, corporatecomms@flutter.com