Intertain Appoints New CEO and Chairman in Leadership Shake-Up
Andrew McIver returns to Intertain, assuming the role of Chief Executive Officer, signaling a major shift in the company’s leadership. Additionally, Neil Goulden will take on the mantle of Chairman of the Board, succeeding John Kennedy Fitzgerald.
As a reminder, Intertain holds several well-known online gaming brands, including Gamesys. McIver, a familiar face in the gaming industry, previously helmed SportingBet until its purchase by GVC Holdings (the group behind BwinParty). His notable background includes more than six years as SportingBet’s CEO and five years as their Chief Financial Officer.
This selection comes after Fitzgerald’s February statement that he would be departing, implying the company required a leader more centered on operational effectiveness than acquisitions. This action followed a harsh analysis from Spruce Point Management, which critiqued Intertain’s business practices and even claimed that Fitzgerald’s legal license had been revoked.
The entertainment firm is refuting a recent article alleging they are experiencing monetary difficulties. They label the piece “categorically false.” This follows a restructuring of the company’s upper management. Seasoned professional Lee Feldman, with previous leadership roles at Gala Coral and the Responsible Gambling Trust, is assuming the Chairman position. Keith Laslop will transition to the role of President of Intertain Bahamas, while maintaining his CFO duties until a successor is appointed. Intertain garnered significant attention last year with their purchase of Gamesys, demonstrating their ambition to be a dominant force in the internet gaming sector.
