Entain plans to appoint Jette Nygaard-Andersen as CEO

Business News

According to Sky News Entain is in advanced talks to appoint Jette Nygaard-Andersen as its next chief executive, Sky News reported on Thursday, citing people close to the company.

If named, Nygaard-Andersen would replace Shay Segev, who left the gambling firm on Monday a week after it rejected an $11 billion approach from MGM Resorts International, saying the deal significantly undervalued its business.

A deal to appoint Nygaard-Andersen, a non-executive director at Entain, as CEO is likely to be announced as soon as next week.

However, an Entain representative told Reuters over email that no decision has been made about the CEO succession.