The FTSE-100 gambling giant behind Paddy Power is lining up a US-based businessman as its next chairman – a move that will further cement plans to abandon its presence on the London stock market.
Sky News has learnt that Flutter Entertainment, which also owns SkyBet and Betfair, is in advanced talks to appoint John Bryant to the role.
Mr Bryant, who is the senior independent director at Compass Group, the listed contract catering company, holds dual Australian and US nationality.
He sits on the boards of two US-based companies – Ball Corporation and Macy’s – and is understood to spend the majority of his time in America.
