Chris McGinnis is to succeed Andrew Smith as Chief Financial Officer of Playtech after it was confirmed that the latter has mutually agreed to step down for personal reasons.
An official departure date as CFO and an Executive Director is set for November 28, 2022, with the company having noted that Smith has “contributed significantly” to group strategy and helped guide a “period of substantial transformation”.
Having initially joined Playtech in 2017 and currently Deputy Chief Financial Officer and Director of Investor Relations, McGinnis will take up both CFO and Executive Director duties from this aforementioned date.
He began his career at Deloitte in Canada where he qualified as a Chartered Professional Accountant, and has also occupied positions in Equity Research for UBS in Canada and Bank of America Merrill Lynch in the UK.
Prior to joining the gambling tech firm, he enjoyed a six and a half year stint at software company Temenos, which began as Senior Manager of Strategic Planning and ended as Head of Strategy.
“On behalf of the board, I would like to thank Andy for the contribution he has made to Playtech over the past seven years, and in particular since taking over as CFO in 2017,” commented Brian Mattingley, Playtech Chair.
“Andy has played a crucial role at the company, helping to steer the business through the pandemic including delivering a record half year performance in H1 2022, and leading the recent successful refinancing of Playtech’s external debt in light of the upcoming bond maturity. We wish him all the best in his future endeavours.
“I am delighted that Chris will be joining the Board as CFO. In addition to his deep knowledge of Playtech and the sector, he brings a strong set of financial and strategic skills that will be invaluable as the company looks to deliver further growth.
“I am very much looking forward to continuing working with him as we execute against our strategy in the coming years.”