A former government at DAZN, the sports activities streaming platform, is to be appointed this week as the subsequent chairman of Playtech, the London-listed playing expertise group.
In accepting the Playtech chairmanship, Mr Gleasure will inherit a place which has repeatedly been on the centre of fractious company governance challenges.
Mr Mattingley, who has held the function since 2021, has overseen a frenetic interval of company exercise whereas additionally discovering himself within the eye of a sequence of storms with shareholders over boardroom pay.
The latest of these got here in December when near a 3rd of buyers rebelled over a €100m bonus plan for Mor Weizer, the corporate’s chief government, together with different senior executives.
Shareholders give Mr Mattingley credit score, nonetheless, for serving to to navigate the corporate via a difficult interval within the playing trade, specifically his function final 12 months in securing the sale of Snaitech, its Italian shopper playing arm, for €2.3bn.
That deal, which obtained regulatory approval final week, represented a near-threefold return on Playtech’s preliminary funding and can set off a particular dividend price as much as €1.8bn (£1.5bn), to be paid in June.
The sale of Snaitech will remodel Playtech right into a pure-play business-to-business operation.
Many analysts imagine the remaining firm will quickly develop into a takeover goal.
A supply near Playtech identified that shares within the firm had risen almost 60% throughout Mr Mattingley’s tenure.
Egon Zehnder Worldwide, the boardroom headhunter, has been overseeing the seek for Mr Mattingley’s successor.
A Playtech spokesperson declined to touch upon Tuesday.
