Entain has confirmed a planned leadership transition with Group CFO and Deputy Chief Executive Rob Wood set to leave his roles in 2026.
The operator said Wood will step down from the Board on 6 March and remain with the Group until June to complete an orderly handover.
According to Entain, Wood's departure concludes more than a decade in which he held senior roles across the organisation, including positions linked to the operator's expansion in regulated markets and its multiyear restructuring efforts.
The Board has appointed Michael Snape as incoming CFO and Executive Director, effective 6 March 2026. Snape will join the Group as CFO Designate in February.
Snape currently serves as Group CFO of International Distribution Services, where he oversaw the operator's recent de listing and sale.
His earlier career includes senior finance roles at Walgreens Boots Alliance, Tesco, Waitrose and J Sainsbury. Entain said his background across complex, international businesses aligns with the Group's ongoing operational and financial priorities.
The leadership announcement arrives during a period of heightened scrutiny around Entain's historical activities. This week, former Chairman Lee Feldman and former CEO Kenny Alexander began their High Court civil case against the UK Gambling Commission.
The proceedings relate to allegations of unlawful disclosure connected to their 2023 investment attempt in 888, which was affected by a licence review triggered amid the HMRC and CPS investigation into Entain's legacy Turkish operations.
That inquiry concluded with a £585m ($782m) penalty, a deferred prosecution agreement in 2023 and additional donations and cost contributions.
The case is being heard from 9 to 12 December under a partial reporting restriction. Feldman and Alexander have also filed separate suits against Entain and law firm Addleshaw Goddard.
Entain said year to date trading remains in line with market expectations for FY25. Full year results are scheduled for release on 5 March 2026.
Entain and Evoke both responded to the UK Autumn Budget Statement on 26 November, with Entain CEO Stella David stating the group is "deeply disappointed" by the increase to Remote Gaming Duty
