Sportech has announced that Nicola Rowlands is stepping down from her position as Chief Financial Officer.
Rowlands has informed the international betting and technology firm’s board that she will leave the CFO role on September 30 to take up the position of Deputy CFO at digital marketing services group DEPT.
“I have been with Sportech for nearly twelve years and have thoroughly enjoyed my time at the company and am proud of what has been achieved by its management and employees,” commented Rowlands on her departure.
“However, I believe it is time to move to the next stage of my career with DEPT. I am confident that Sportech will continue to deliver value for shareholders and customers alike and I wish the Board and the team all the very best for the future.”
With Rowlands’ departure, Sportech’s board has begun the search for her replacement and it will consider its appropriate composition going forward.
To ensure an orderly transition, Rowlands will remain with Sportech until the release of the company’s interim results in September.
Richard McGuire, Executive Chairman of Sportech, added: “We are grateful to Nicola for her dedication, professionalism and support to the Group, specifically during the recent years when she played a pivotal role in the transactions and restructuring of the business, resulting in the elimination of debt and returning significant capital to shareholders.
“She will leave here with our best wishes for her future career.”
Rowlands isn’t the only executive who has decided to leave Sportech recently, as back in May, Andrew Lindley announced his decision to step down as CEO of the company.