TIDMWMH
RNS Number : 6097E
William Hill PLC
19 October 2018
William Hill PLC (the "Company")
Board changes
19 October 2018
Director appointment
William Hill PLC (LSE: WMH) announces the appointment of Gordon
Wilson, President and CEO of Travelport Worldwide Limited
(Travelport) (NYSE: TVPT), to its Board of Directors as an
independent Non-Executive Director with effect from 2(nd) January
2019.
Travelport is a leading travel distribution platform, powering
real time flight, hotel and car bookings for the global travel
industry as well as providing mobile apps and technology services
to airlines such as easyJet, Emirates, Virgin Atlantic and Delta.
Gordon has been the CEO since 2011 and led the company through its
successful Initial Public Offering in New York in 2014. Whilst
headquartered in the United Kingdom the business generates about
one third of its activity in each of the Americas, EMEA and Asia
Pacific.
Roger Devlin, Chairman of William Hill PLC commented: "Gordon
brings extensive experience of the development and use of
proprietary technology and data at scale on a global basis. This,
alongside his knowledge of the US market in particular, bring great
value to William Hill given our strategic priorities and focus on
capturing the opportunity provided by sports betting regulation in
the US."
Gordon Wilson also Chairs travel payments provider eNett, a
joint venture company in which Travelport is the majority
shareholder and which is now the leading cross border international
commercial payments business operating in the travel industry. He
is a member of the executive committee of the World Travel and
Tourism Council.
Gordon Wilson commented "It is a fascinating time to join the
Board of William Hill and I look forward to bringing my experience
to the table to play a part in the ongoing growth of the
business."
On joining the Board, Gordon Wilson will become a member of the
Board's Corporate Responsibility, and Nomination Committees.
Director resignation and changes to Senior Independent
Non-Executive Director
William Hill PLC also announces that Sir Roy Gardner, Senior
Independent Non-Executive Director of the Company is to step down
from the Board of Directors with effect from 20 November 2018, due
to anticipated commitments. Mark Brooker, currently Non-Executive
Director of the Company will assume the role of Senior Independent
Non-Executive Director effective from the date of Sir Roy Gardner's
departure.
Mark Brooker is currently Chair of the Corporate Responsibility
Committee, and is a member of the Nomination Committee,
Remuneration Committee and Audit and Risk Management Committee.
He was formerly Chief Operating Officer and an Executive
Director at Betfair Group having previously held the position of
Managing Director of the company's Sports business. Prior to
joining Betfair Mark had extensive experience in corporate broking
at Morgan Stanley, Merrill Lynch and NatWest Markets.
Roger Devlin commented: "We thank Roy for his extensive
contribution to William Hill since joining the Board in 2014, a
period which had substantial change. Most recently, Roy led the
Board's process to appoint a new Chairman. We also welcome Mark
Brooker to the role of Senior Independent Non-Executive Director
reflecting his significant input since joining the Board in April
2017."
OAM: Additional Regulated Information
William Hill LEI: 213800MDW41W5UZQIX82
Luke Thomas
Company Secretary
19 October 2018
Notes
1. Fees:
Gordon Wilson
As Non-Executive Director of William Hill PLC, Gordon Wilson
will receive standard annual fees of GBP55,000 per annum.
Mark Brooker
As the Senior Independent Non-Executive Director of William Hill
PLC, in addition to his Non-Executive Director base fees of
GBP55,000 per annum fees and his fees as Chair of the Corporate
Responsibility Committee of GBP18,000, Mark Brooker will receive
additional fees of GBP15,000 per annum.
2. The Board has determined that Gordon Wilson will be an
independent Non-Executive Director, in accordance with the UK
Corporate Governance Code.
3. In accordance with obligations under Listing Rule 9.6.13R,
Gordon holds the following directorships of a publicly quoted
company in the previous five years:
-- Gordon was appointed to the board of Travelport on 1 June
2011. Travelport was listed on the New York Stock Exchange in
September 2014.
The Company confirms there are no other disclosures which
require to be made in accordance with LR 9.6.13R.
4. Board composition:
With effect from 2 January 2019,
the composition of the Board of
William Hill PLC will be as follows:Roger Devlin Non-Executive Chairman
Philip Bowcock Chief Executive Officer
Ruth Prior Chief Financial Officer
Mark Brooker Senior Independent Non-Executive
Director
Georgina Harvey Independent Non-Executive Director
David Lowden Independent Non-Executive Director
Robin Terrell Independent Non-Executive Director
Gordon Wilson Independent Non-Executive Director
Enquiries
Luke Thomas
Company Secretary
William Hill PLC
+44 (0)20 7612 3090
About William Hill
William Hill PLC is one of the world's leading betting and
gaming companies, employing over 16,000 people. Its origins are in
the UK where it was founded in 1934, and where it is listed on the
London Stock Exchange. The majority of its $2.1 billion annual
revenues are still derived from the UK, where it has a national
presence of licensed betting offices and one of the leading online
betting and gaming services. In 2012, it established William Hill
US with a focus on retail and mobile operations in Nevada, which is
now the largest sports betting business in the USA. William Hill US
currently operates 108 race and sports books in Nevada and the
state's leading mobile sports betting app. It operates a racebook
in Nevada and has licensed operations in The Bahamas and St. Kitts.
Following the ruling in May 2018 by the Supreme Court that the
federal ban on state sponsored sports betting was unconstitutional,
the company is planning to operate where permitted by law
throughout America. William Hill US is currently operating in all
five states to have legalised sports betting - Nevada, New Jersey,
Mississippi, Delaware and West Virginia. It has partnered with IGT
to provide sports betting services lottery operators in the US and
the partners successfully joint-bid to supply sports betting
services to the lottery in Rhode Island. William Hill has
operations in Italy and Spain and serves online customers
throughout the world from its Online headquarters in Gibraltar.
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END
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