Business
Appointments: NED; Chief Finance, M&A Dev. Officer
Appointments: NED; Chief Finance, M&A Dev. Officer.
About this update from B90 Holdings Plc
[{"type":"text","content":"\n\nFor release: 14 August 2023\nB90 Holdings plc\n(\"B90\", the \"Company\" or \"Group\")\nAppointment of Non-Executive Director and Chief Finance and M&A Development Officer\nB90 Holdings plc (AIM: B90), the online marketing and operating company for the gaming industry, is pleased to announce the appointment of Andrew McIver as a Non-Executive Director with immediate effect. \nB90 is also pleased to announce that Farzad Peyman, who was recently hired as a consultant in order to strengthen the finance function and M&A, has taken the permanent role as Chief Finance and M&A Development Officer.\nBiography for Andrew McIver\nAndrew has long been involved with a host of successful gaming businesses and, for the last three years, has been Non-Executive Chairman of a leading Italian gambling company, Planet Win/SKS365 Malta Ltd, as it has grown its EBITDA from £25 million to £65 million.\nFrom mid-2016 to early 2018, Andrew was Group Chief Executive of Jackpotjoy plc, one of the world's largest online bingo companies at the time, with an EBIDTA of £100 million. With global operations, it was initially listed on the Toronto Stock Exchange as a roll-up vehicle, rapidly growing through an acquisition strategy. Upon joining as CEO, Andrew moved the listing to the London Stock Exchange and successfully refocused the business on operations.\nPrior to this, for over a decade, Andrew was on the board of Sportingbet plc, first as Chief Financial Officer and then as Group Chief Executive Officer. Established in 1998, Sportingbet was one of the first online gaming companies and as CFO, Andrew oversaw the financing for its $300 million acquisition of Canada's Paradise Poker. \nAndrew has also been Director of Finance for House of Fraser plc and held senior roles at British Telecom plc, Hilton Group Finance plc (now Ladbrokes Group Finance plc), and Signet Group plc (now Signet Group Limited). He has also acted as a Non-Executive Director for both AIM-quoted and private companies. He began his career as a Chartered Accountant with Arthur Andersen LLP, following which he moved into corporate finance at Kleinwort Benson.\nRonny Breivik, Executive Chairman of B90, said:\n\"I am delighted to welcome Andrew and Farzad to B90. I have had the privilege to know and work with Andrew for...