Canadian gambling operator Intertain today announced the appointment of Neil Goulden as Chairman of the Board and Andrew McIver as Chief Executive Officer and Director. Both officials have assumed their new roles at the company immediately.
Mr. Goulden is succeeding David Danziger on the Chairman post. Of the latest announcement, Mr. Danziger said that the gambling operator is to be led by executives with substantial experience in the online gambling industry and that they will most certainly bring “outstanding leadership to the business.”
Mr. Goulden has been working in the gambling industry, both the land-based and online one, over the past 25 years. He formerly took key roles at major gambling operators Ladbrokes and Gala Coral Group. Mr. Goulden served as Chief Operating Officer of the latter in the period between 2000 and 2014.
Of his appointment as Intertain’s new Chairman, the official said that he is happy to be joining the company at such an exciting time for it. Mr. Goulden further noted that the Canadian operator has long been undervalued and that there are numerous indications that long-term value could be realized for the benefit of the company itself as well as for its shareholders.
As for Mr. McIver, he has most recently served as CEO of sports betting operator Sportingbet. Prior to that, he had taken the role of Chief Financial Officer at the same company. Following his appointment as Intertain CEO, the executive commented that the gambling operator is one with strong set of core assets and that he is looking forward to identifying and implementing a strategic alternative that would bring the company to its next development stage. Mr. McIver is succeeding John Kennedy FitzGerald on the CEO and Director posts.
Apart from announcing the appointment of the two officials, Intertain also provided update on the Strategic Review it had introduced in relation to the potential acquisition of the company by a third-party buyer. A specially appointed committee was submitted offers until May 2016 and will now have to carry out due diligence in relation to the process.
According to the latest update provided by the company, it is also still pursuing potential London listing of the ordinary shares of a newly formed London-based gaming corporation that is to become Intertain’s parent company.
