Amy Howe has been confirmed as the new permanent chief executive of fantasy sports and betting company FanDuel.
Howe initially joined the Flutter Entertainment-owned firm in February as president, arriving from Live Nation Entertainment, where she was global chief operating officer at Ticketmaster. She then added interim chief executive duties to her existing role at FanDuel in July following the departure of Matt King.
The appointment of Howe could speed up FanDuel’s plans for an initial public offering (IPO). King’s exit had prompted speculation the company could delay such plans, with Flutter stating at the time that it would ‘continue to keep this option under review’.
“I am delighted to confirm the appointment of Amy as our new US CEO,” said Flutter chief executive Peter Jackson.
“Since joining the business at the start of this year she has done an excellent job of leading our commercial functions and ensuring that we execute well at this critical phase of growth for our business.
“The expansion of the US market represents the single most exciting opportunity for Flutter today. Amy’s track record of leadership and experience in scaling a digital business will be invaluable as we look to grow our leadership position there.”
Howe added: “I am very pleased to be appointed the CEO of FanDuel at such an exciting time. Since joining the business, I have been very impressed by the quality of our team and the strategic advantages we enjoy in terms of brand reach, product quality and the broad expertise we leverage from being part of the wider Flutter Group.
“That said, we must avoid complacency and remain focussed on executing on our long-term strategy to build the embedded value of the business. I look forward to working with Peter and the wider team to drive FanDuel’s continued success.”
Elsewhere, sports and entertainment media company Eleven has announced Marc Watson’s return as Eleven Group chief executive. Andrea Radrizzani, the chairman and founder of Eleven’s parent company Aser Ventures, is to assume a more direct leadership role with Eleven as executive chairman. Alessandro Tucci has joined as chief operating officer, while Anouk Mertens will take on overall leadership for the group’s content strategy as chief content officer.
In addition, chief rights acquisitions officer and managing director for Belgium and Luxembourg Guillaume Collard will oversee Eleven’s expansions into new markets, develop new distribution deals across the network and continue to strengthen Eleven’s rights portfolio. Collard also joins the group’s board of directors.
Meanwhile, blockchain digital collectibles and fantasy platform Sorare has appointed Ryan Spoon as chief operating officer, Michael Meltzer as head of business development, David Byttow as principle architect, and Sylvain Utard as head of engineering.
Israeli technology firm Pixellot has welcomed Craig Thompson, the founding partner at Mindspring Capital and chief executive of Mindspring Sport, as a member of its advisory board. Thompson was also one of the founders of the Uefa Champions League commercial concept and served for 11 years as managing director for the Team Marketing agency, which sells the competition’s commercial and broadcast rights.
London-based sports and marketing consultancy Right Formula has formed a new advisory board comprising of Ian Carter, Jeremy Darroch and Anne Headon. The trio will help guide the company’s growth and development.
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Read More:Amy Howe appointed permanent CEO of FanDuel, plus more – SportsPro