Entain's CEO Gavin Isaacs quits after five months, causing shares to drop by nearly 10%.

Entain, the parent company of Ladbrokes and Coral, announced the immediate departure of CEO Gavin Isaacs after just five months. Non-executive chair Stella David will serve as interim CEO while a permanent replacement is found. The company expects its 2024 earnings to be at the top of its forecast range of £1.04 billion to £1.09 billion. Shares in Entain fell by nearly 10% following the announcement.

5 weeks ago
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