Playtech has confirmed that its Chief Financial Officer Andrew Smith has left the global gambling tech group due to ‘personal reasons’.
Following seven years in the role, Smith will leave by mutual agreement on November 28 and leaves his executive position with the best wishes of Group Chairman, Brian Mattingley.
Mattingley outlined: “On behalf of the Board, I would like to thank Andy for the contribution he has made to Playtech over the past seven years, and in particular since taking over as CFO in 2017.
“Andy has played a crucial role at the Company, helping to steer the business through the pandemic including delivering a record half-year performance in H1 2022, and leading the recent successful refinancing of Playtech’s external debt in light of the upcoming bond maturity. We wish him all the best in his future endeavors.”
Replacing Smith as the CFO is Chris McGinniss, who will step up from Playtech’s Director of Investor Relations and Strategic Analysis – a role he first took in 2018.
Before becoming a Playtech director, McGinniss served as Head of Strategic Analysis, overseeing the financial planning of the group’s global technology units.
Earlier in his career, he served as Head of Corporate Strategy at software company Temenos after beginning his career at Deloitte in Canada where he qualified as a Chartered Professional Accountant (CPA).
Mattingley commented on McGinniss’s new role: “I’m delighted that Chris will be joining the board as CFO. In addition to his deep knowledge of Playtech and the sector, he brings a strong set of financial and strategic skills that will be invaluable as the company looks to deliver further growth.”
