Flutter has added Disney Chief Financial Officer (CFO), Christine McCarthy, and former Liberty Media CEO Robert Bennett to its Board of Directors.
The appointments will take effect on 30 July. McCarthy joins the Flutter Audit Committee, while Bennett will be a part of the Risk and Sustainability committee.
McCarthy has spent the past 24 years at Disney, where she is a strategic adviser. McCarthy’s Disney career includes stints as chief financial officer and executive vice president.
McCarthy worked in senior financial positions at Imperial Bancorp, First Interstate Bancorp before joining Disney.
McCarthy is also a Director for The Procter & Gamble Company (P&G), FM Global, and National Geographic.
Bennett currently serves as the managing director of Hilltop Investments, a private investment firm.
He was previously the president of Discovery Holding Company, and Liberty Media Corporation’s principal financial officer. Bennett has also worked with Tele-Communications, The Bank of New York and The Bank of New York.
He is currently a Director of HP and Liberty Media. During his career, he has held various director positions at Warner Bros Discovery and Sprint Corporation.
John Bryant, Flutter’s chairperson said: “Christine and Rob’s experience as entertainment professionals will prove invaluable to Flutter in our efforts to maintain and extend Flutter’s leading position globally as an online sports betting provider and igaming service.”
We are looking forward to Rob and Christine joining the Board as Non-Executive Directors. “We will gain from their unique industry knowledge and perspective.”
Flutter changes its top management after NYSE listing
Flutter completed its move to a primary listing at the New York Stock Exchange. This was due to Flutter’s “growth trajectory” and to changes in global market dynamics. The completion was confirmed by the end of may.
The London Stock Exchange’s main market continues to accept Flutter shares and they continue to be traded on this market.
Paul Edgecliffe Johnson, the group’s chief financial officer (CFO), resigned from his position following its US primary listing due to family obligations in the UK. According to the operator, the position required that the executive manager spend extensive time in the US.
Rob Coldrake has been announced as Rob’s replacement. Since joining Flutter International in 2020, he served previously as the CFO.
Coldrake worked in various financial positions at TUI Travel, PwC and TUI Travel for 14 years.
