– ISLE OF MAN, Douglas – Playtech (LSE: PTEC) is pleased to announce the appointment of Paul Hewitt as a Non-executive Director of the Company with immediate effect. Mr Hewitt will chair the Board’s Risk & Compliance Committee and Remuneration Committee and sit on the Audit Committee and Nominations Committee.
Having qualified as an accountant with Arthur Andersen, Mr Hewitt’s recent executive responsibilities have included being the Deputy Group Chief Executive and Chief Financial Officer of the Co-operative Group from 2003 to 2007; and Finance and IT Director of the RAC plc from 1999 to 2003. As a Non-executive, Mr Hewitt has helped many management teams adapt their business models to respond to, and anticipate, changes in their competitive and regulatory environments, including as Non-executive Director and Chairman of the Audit Committee of Tesco Bank from 2012 to 2014.
Commenting on the change to the Board, Playtech’s Chairman, Alan Jackson, said: “I am delighted that Paul has decided to join Playtech’s board at such an exciting time in the Company’s evolution. Paul brings a wealth of experience across a variety of sectors, including in the financial services industry, and his experience will prove invaluable to Playtech’s continued growth.”
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