888 Holdings has confirmed Lord Jonathan Mendelsohn as its company chairman, replacing Brian Mattingley ending his 15-year tenure as an 888 director.
Lord Mendelsohn appointment is scheduled to take place during 888’s next annual general meeting in May 2021. 888’ filed a notice with the London Stock Exchange pinpointing his extensive experience within the gambling sector after co-founding strategic M&M advisory Oakvale Capital.
In 1997, Lord Mendelson assisted former Prime Minister Tony Blair as key advisor with the election-winning New Labour campaign. Once again he has garnered media attention due to fellow Labour figurehead and former deputy leader Tom Watson joining Flutter Entertainment as a regulatory advisor.
On his new position, Lord Mendelsohn commented: “I am very excited to join the board of such a world-class gaming operator. 888 is a company that I have long admired during my more than 20 years working with companies in the gaming and gambling industries.
“The group has a number of very exciting opportunities and I am looking forward to working closely with the board and the management team to continue to deliver the group’s growth strategy and generate further stakeholder value.”
This morning’s LSE filing sees Brian Mattingley confirm that he will end his 15-year tenure as an 888 director, having re-established the online gambling group as a FTSE blue-chip enterprise.
Mattingley issued the following statement: “It has been a great privilege to chair 888 and serve its stakeholders during more than 15 years with the group. I am personally very pleased that someone of Jon’s experience and calibre will succeed me as chair and I look forward to working closely with him over the coming months.”