Business
Group Chief Financial Officer succession
Entain plc announced that Group Chief Financial Officer Rob Wood will step down in 2026 after 13 years, and Michael Snape will succeed him as Group CFO and Executive Director effective March 6, 2026, joining as CFO Designate in February 2026. The company also confirmed that year-to-date trading remains in line with market expectations for FY25, with consensus EBITDA at £1139m as of December 10, 2025. Disclaimer*
About this update from Entain Plc
[{"type":"text","content":"\n\n11 December 2025\n \nEntain plc\n(\"Entain\" or the \"Group\")\n \nGroup Chief Financial Officer succession\nEntain plc (LSE: ENT), the global sports betting and gaming group, announces that, after 13 years with the Group, Rob Wood is to step down as Group Chief Financial Officer (\"CFO\") and Group Deputy CEO in 2026.\nThe Board is pleased to announce the appointment of Michael Snape, to succeed Rob as Group CFO and Executive Director of the Board with effect from 6 March 2026. Michael will join the Group as CFO Designate in February 2026.\nRob will step down as an Executive Director of the Board on 6 March 2026 and will remain with Entain until June 2026 to ensure an orderly transition of responsibilities.\nRob has made a significant contribution to Entain over his 13 year tenure and has been central to the Group's growth and strategic transformation. He has been a valued member of the management team, and has played a key role in shaping our business into a globally scaled operator with podium positions in attractive regulated markets. Rob leaves Entain well positioned to capitalise on its many opportunities ahead.\nMichael brings over two decades of experience in senior finance and leadership roles, with a proven track record of delivering financial, commercial and operational excellence across large, international companies operating in complex industries. He joins from global logistics company International Distribution Services (IDS) where he is currently Group CFO and recently led its de-listing and sale. Prior to IDS, Michael spent five years at Walgreens Boots Alliance as CFO of Boots, No7 Beauty & International. During his earlier career he worked for Tesco plc as International CFO, Waitrose; part of the John Lewis Partnership, and J Sainsburys plc.\nStella David, Group CEO of Entain, said:\n\"On behalf of the Board and everyone at Entain, I would like to express my sincere thanks to Rob for the tremendous contribution he has made to the Group. His expertise and dedication have helped us to successfully transform into the global business we are today. We wish him all the very best for the next chapter of his career.\"\n\"I am delighted to be welcoming Michael to Entain. His seasoned leadership, financial and operational expertise, and international experience will be invaluable as we continue to exec...