Having announced a record breaking 2014 with all top line metrics recording growth, 888 Holdings Chairman Richard Kilsby outlined the operators governance changes following 888’s 2015 Annual General Meeting (13 May).
Kilsby is set to retire following the general meeting, ending a tenure of 9 years as 888 Holdings Executive Chairman. Speaking at his final year end presentation Kilsby stated
“It is with a heavy heart that I conclude my nine year tenure as Chairman. However I am consoled by the knowledge that I am leaving the Company at the top of its game and only getting stronger.”
The operators governance restructure will see Brain Mattingley step down as CEO to take over Kilsby’s role as Executive Chairman. Kilsby praised Mattingley work and record for 888 , stating
“We are very excited at this move, which will allow the Company to continue to take advantage of Brian’s wealth of experience, particularly in maintaining and developing relationships with regulators. In Brian Mattingley, shareholders have an Executive Chairman with huge experience of the gaming industry and extensive knowledge of our business”.
Further changes will see John Anderson step down as Non-Executive Director following May’s general meeting. Kilsby thanked Anderson for his contribution to 888 services and strategy.
Kilsby ended his address by thanking 888 investors, for placing trust and confidence in the board and its leadership of the company.