Summary
- Dean Shannon, the CEO of Entain for Australia and New Zealand, is set to resign from his position later this month.
- The executive's departure occurs amidst a bustling time for the two markets where he has been significantly influential over the past few years.
- Andrew Vouris, an executive with nearly 20 years of experience, will serve as Interim CEO as the search for a permanent CEO is underway.
Entain plc, a leading global sports betting and gaming group, has announced changes in its senior management team. Dean Shannon, the CEO of Entain's Australia and New Zealand operations, will be leaving his position in a few weeks.
An Interim CEO has been appointed while a search for a permanent one is in progress
Entain's Australian and New Zealand operations are undergoing significant changes as they enter a new development phase. In New Zealand, the introduction of new legislation is set to impact the betting and racing industry. Recently, Entain successfully completed its AML/CTF Uplift Program. During his two-year tenure as CEO, Shannon played a pivotal role in navigating these transitions and challenges. However, he decided it was time for a change and will step down from his position on June 30, 2025. Entain has issued a statement appointing an Interim CEO while actively searching for a permanent replacement. Andrew Vouris, with nearly 20 years of experience in the gaming industry, has been selected for this interim role. Vouris brings 17 years of operational and leadership experience in the gambling sector, having worked for prominent companies such as Entain and Tabcorp. His expertise includes managing regulatory challenges and expanding into new areas like esports.
Entain's New Zealand and Australia businesses enter next phase of growth
Earlier this year, Entain announced that Stella David has been appointed as the permanent CEO. This strategic move comes after the resignation of the previous CEO, Gavin Isaacs, who stepped down after only five months in the role. David expressed her appreciation for Shannon's contributions, especially his dedication and hard work in managing Entain's operations in Australia and New Zealand. One notable achievement has been the integration and growth of Neds and Lads into our suite of leading global brands, David stated. More recently, Shannon has established what we believe to be a market-leading compliance program in Australia, she added. As we transition into the next phase for our Australian business, we remain committed to maintaining the highest standards of compliance while responsibly delivering excellent products to our customers, David concluded.
