Transforming Sportech appoints Richard McGuire as Group CEO

Richard McGuire – Sportech Plc

Sportech Plc continues its governance and leadership restructure, confirming that Interim Group Executive Chairman Richard McGuire has accepted the position of Group Chief Executive on a permanent basis.

McGuire has led the London-listed wagering and racing systems supplier since November 2018, following the departure of former incumbent Andrew Gaughan as Group CEO.

This May, McGuire presented Sportech’s AGM update, detailing to investors that a new executive team would lead a corporate transformation programme focused on developing US prospects and improving operational efficiencies.

Supporting McGuire’s appointment, Sportech governance confirms that corporate advisor Giles Vardey is set to become Non-Executive Chairman of the group.

A corporate finance specialist, Vardey has served as a Sportech governance advisor since 2017, supporting the firm’s US market directives.

Last week, Sportech governance announced a series of B2B focused leadership changes, absorbing the enterprise founding team of recently acquired iLottery games developer LOT.TO.

The update would see LOT.TO CEO and Co-founder Andrew Lindley take charge of Sportech operations as new Group COO.

Boosting its commercial capacities, Sportech would further confirm the appointment of LOT.TO co-founder Julian Bewley as new Group Commercial Officer leading the firm’s B2B disciplines.

Closing its trading update, Sportech confirms that independent non-executive director Chris Rigg will lead the firm’s ‘Audit Committee’, with Giles Vardey continuing to act as chair of the ‘Remuneration and Nomination Committees’.

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