Flutter Entertainment PLC (LSE:FLTR) has named former breakfast cereal executive John Bryant as its next non-executive chair.
The Sky Bet and Paddy Power owner said Bryant's appointment as director and chair-designate will take effect following Flutter's AGM today, and he will assume the role of chair from September 1.
The FTSE 100-listed firm said the appointment aligns with its succession plan, as well as good governance practice, with outgoing Chair Gary McGann stepping down on reaching his nine-year tenure as non-executive director.
Bryant is currently a non-executive director of jar maker Ball Corp and was previously executive chair, and before that chief executive, chief financial officer, and chief operating officer of food maker Kellogg Co.
The gambling industry is in focus today as the Government unveils its long-awaited White Paper on the industry.
Shares in Flutter were down 1.2%.