Sat. Jul 6th, 2024

888 Holdings Announces Board Committee Restructuring

## 888 Holdings Restructures Board Committees

Prominent online gaming company, 888 Holdings, recently revealed a series of adjustments to its board committees, taking effect immediately. These changes follow a wave of recent developments, including the exits of board members Andria Vidler and Yariv Dafna.

Vidler, slated to assume the role of CEO at Allwyn UK, will exit on September 30th, 2023, while Dafna will depart on October 2nd, 2023. Sean Wilkins is stepping into the position of Chief Financial Officer on February 1st, 2024, succeeding Dafna. Further adding to the shifts, Lord Jon Mendelsohn is resuming his position as Non-Executive Director on October 16th and will also be joining the Nomination Committee.

Here’s a summary of the reorganized committees:

* **Audit Committee:** Mark Summerfield (Chair), Limor Ganot, and Andrea Gisle Joosen – all Independent Non-Executive Directors – will maintain oversight of the financial records.

* **Compensation Committee:** Entrusted with determining executive compensation, this committee will be headed by Andrea Gisle Joosen (Chair) and includes influential figures Anne de Kerckhove (Senior Independent Director) and Limor Ganot (Independent Non-Executive Director).

* **Environmental, Social, and Governance (ESG) Committee:** With the growing significance of ESG, Anne de Kerckhove (Chair) will spearhead the effort, joined by Mark Summerfield (Independent Non-Executive Director) and Ori Shaked (Non-Executive Director).

* **Nomination Committee:** Responsible for identifying top talent, this committee will be guided by Anne de Kerckhove (Chair), Ori Shaked (Non-Executive Director), and Limor Ganot (Independent Non-Executive Director).

Ultimately, the Gaming Regulatory Body will consist of Michael Alonso, a Nevada attorney, serving as Chair, alongside Mark Summerfield as an autonomous non-executive member and Ori Shaked as a non-executive member. It’s noteworthy that although Alonso will lead the committee, he won’t hold a position on Reevo’s primary board of directors.

This declaration follows closely after Reevo’s latest collaboration with 888, which will involve incorporating Reevo’s internet casino and poker products into the 888 platform.

author

By Michael "Maverick" Johnson

Holding a Master's degree in Applied Mathematics and a Bachelor's in Computer Science, this versatile writer has a strong foundation in various mathematical disciplines. They have a keen interest in the application of discrete mathematics, algebra, and graph theory in the development of casino games and gaming strategies. Their articles and reviews offer a unique perspective on the mathematical underpinnings of popular casino games, making complex concepts accessible to a wide audience.

Related Post

Leave a Reply

Your email address will not be published. Required fields are marked *