GVC Holdings appoints new non-executive director

News on 7 Jun 2018

It’s been a week of change for the GVC Holdings board of directors following a lively agm last week in which the company’s remuneration policy came under fire (see previous reports).

First, Remunerations Committee member Peter Isola stepped down amid concerns that the work of his legal company for GVC, allied to his directorship may be cause for governance concerns (a possibility GVC has discounted).

That was followed by confirmation this week by GVC that 35-year US industry veteran Virginia McDowell has been appointed an independent non-executive director with responsibilities for governance and US market growth strategy, stakeholder management  and resource planning.

In her long industry career, McDowell served as president and CEO of the Isle of Capri Casinos, from 2011 until her retirement in 2016, and as president and COO of Isle of Capri from 2007 to 2011.

McDowell earlier served as chief information officer for Trump Entertainment Resorts (2005-2007) and Senior Vice President of operations, sales and marketing at Argosy Gaming Company (1997-2005).

She is currently vice chair of Global Gaming Women, a non-profit organisation that supports, inspires and  influences the development of women in the industry through mentoring and education.

Lee Feldman, chairman of GVC Holdings, welcomed McDowell to the board, saying: “She brings extensive experience in gaming operations and strategy at significant scale.  Her perspectives on the US market should prove invaluable as we pursue the potential in the US for significant expansion in the regulated sports betting market and online gaming as well as bring a fresh US perspective to our activities in other markets.”

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