Entain Chief Financial Officer Rob Wood announced today that he would be retiring in June, ending 13 years with the firm. He will be succeeded by Michael Snape, who also will assume Wood’s seat on the board on March 6.
“It has been a privilege to be part of Entain’s growth over the last 13 years,” Wood said. “With Entain’s and BetMGM’s pathway to long‑term success well established, now is the right time for me to pass the reins on.”
Jefferies Equity Research analyst James Wheatcroft did not agree. In a 11 December investor note, he predicted that Wood’s departure would weaken Entain’s share price.
