Entain’s CEO, Shay Segev is set to leave Entain to join DAZN as its Co-CEO.
Entain announced that Segev has already served the company with the notice to become Co-CEO of DAZN.
Segev will continue to perform his duties for a period of 6 months as the company starts its hunt for the successor.
Entain chairman Barry Gibson said: “We are sorry that Shay has decided to leave us but recognise that we cannot match the rewards that he has been promised.”
As per Gambling Insider, he added: “Entain has a wealth of talent across its leadership team and the business has never been stronger. The company has delivered 20 quarters of double-digit online growth, and our future prospects have been substantially enhanced by our new strategy, which we set out in November.”
DAZN confirmed the move by announcing Segev and James Rushton as Co-CEOs of the company
Segev said: “I will be sad to leave the company after five years but I have been offered a role which offers me a very different type of opportunity. Entain is in great shape after the successful launch of our new strategy”, reported Gambling Insider.