Entain appoints Rahul Welde as independent Non-executive Director

Entain has appointed Rahul Welde as its new independent Non-executive Director

Entain has prescribed Rahul Welde as its new main(a) Non-executive Director. Welde is due to read upwards his unexampled spatial relation on 1 July 2022.

Welde was to the highest degree latterly the Executive VP of Global Digital Transformation at Unilever and has o'er 30 years of see inwards the consumer goods sector. The Amerind subject is known for driving digital strategies.

Furthermore, Welde testament turn a fellow member of Entain’s Environmental, Social and Governance Committee (ESG) upon appointment.

Welde will, therefore, aid quantity the company’s impact on society, the environment, and its unwavering of transparentness and accountability.

Entain notes it has “no details” to disclose for Welde and he does non possess any shares inward the company.

Barry Gibson, Entain Chairman, said: "On behalf of the Board, i am delighted to receive Rahul to Entain. Rahul brings exceptional knowledge of client get excellence, ecommerce and digital transformation.

“I am surefooted that his skills and expertise testament further raise the Board's power to reenforcement and oversee the delivery of our strategy."

Recently, Entain agreed to win BetCity for an initial thoughtfulness of €300m ($312.9m) and deferred contingent on(p) consideration of upward to €550m.

The manipulator has agreed to win the entire divvy up capital letter of BetEnt BV, which trades under the BetCity.nl name, from Sports Entertainment Media BV.

The initial thoughtfulness of €300m is payable in hard cash at completion, with a balancing defrayal due betimes next twelvemonth based on the genuine performance of BetCity inwards the financial twelvemonth 2022.

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