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Playtech Strengthens Board With Two New Non-Executive Directors

2nd Apr 2019 09:35

LONDON (Alliance News) - Playtech PLC on Tuesday said it appointed Anna Massion and John Krumins as independent non-executive directors, with immediate effect.

The FTSE 250-listed gambling software firm said the appointments are the result of search for "high quality" individuals with the requisite skillset.

Massion is a US-based investor in the gambling sector across the UK, US and Europe, with an impressive investment track record of returns. She joined PAR Capital Management, which has over USD5 billion in assets under management, in 2014, where she is responsible for idea generation and portfolio maintenance.

Meanwhile, Krumins brings over 20 years' experience in corporate finance, technology and complex project management. He spent nearly 15 years at Morgan Stanley as a managing director and subsequently worked at both Deutsche Bank and Societe Generale. He is currently the chair of IT services firm Wavex Technology Ltd.

"Our industries continue to develop at pace, and today's appointments mark another step forward in the evolution of the Playtech board," said Chair Alan Jackson.

"John's extensive board-level experience, coupled with Anna's deep sector knowledge, will allow the board to support Playtech's role as the leading gambling technology company in regulated markets," added Jackson.

Playtech shares were trading 0.3% higher on Tuesday at 444.90 pence each.


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Playtech
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