Entain has announced that CEO Gavin Isaacs will step down with immediate effect, as stated in an investor update on February 11.
Gavin Isaacs has stepped down as Entain CEO after five months in the role. Before joining Entain in September, he held leadership positions across the B2B sector, including as chair of Games Global and board roles at DraftKings, Jackpocket, and SBTech. He previously served as CEO of Scientific Games and SHFL, COO of Bally Technologies, and president of the Americas for Aristocrat.
Isaacs’ compensation at Entain included a £875,000 annual salary, a long-term incentive plan worth 450% of his base salary, a 6% pension allowance, and relocation assistance from the US to the UK. Entain also provided a buy-out award for forfeited earnings from his previous role.
His appointment was well-received in the industry, with praise from iGB’s Jon Bruford and MGM CEO Bill Hornbuckle, who expected Isaacs to significantly impact Entain’s business.
Entain stated that his departure was a “mutual” decision, affirming its commitment to strategic priorities and operational excellence. The board expressed gratitude for Isaacs’ contributions and reiterated its focus on driving shareholder value.
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