The global sports betting and gaming group, Entain plc, announced changes to its senior-level management team.
The company confirmed that Dean Shannon, the CEO of Entain Australia and New Zealand, will be stepping down from his role in several weeks.
The change to Entain's Australian and New Zealand business comes at a time when they are entering a new phase of their development.
Notably, in New Zealand, a new "legislative net", affecting the betting and racing industry is expected to be implemented.
At the same time, Entain recently completed its AML/CTF Uplift Program.
For two years as CEO, Shannon played a key role in those processes, helping the company navigate different challenges.
Still, the executive decided that it was time for a change and agreed to step down from his C-suite role, effective June 30, 2025.
A statement released by Entain confirms that an Interim CEO has been appointed, while a search for a permanent CEO has already commenced.
The company selected Andrew Vouris, an executive with nearly two decades of experience in the gaming industry, for the important role of Interim CEO.
The new Interim CEO for Entain in Australia and New Zealand has 17 years of operational and leadership experience within the gambling sector.
Throughout his extensive career, Vouris was employed by leading companies, including Entain and Tabcorp.
He brings a wide range of skills after helping Tabcorp navigate different regulatory challenges.
Besides the wagering vertical, the new Interim CEO for Entain's Australian and New Zealand businesses has experience in esports.
Earlier this year, Entain announced the appointment of Stella David to the role of permanent CEO.
The strategic announcement followed the departure of the company's former CEO, Gavin Isaacs, who resigned from his position after five months on the job.
David spoke about the upcoming department of Shannon, thanking him for his dedication and efforts in managing the company's businesses in Australia and New Zealand.
"The growth and integration of Neds and Lads into our global portfolio of podium position brands has been a particular highlight and he has more recently delivered what we believe is a market leading compliance program in Australia," Entain's CEO explained.
"As the Australian business enters its next phase, we will continue to demonstrate our commitment to compliance and responsibly deliver great products to our customers," David said in conclusion.
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