Playtech Shuffles Remuneration Committee, Elevates John Jackson as its Chairman

Playtech (LSE: PTEC) has undergone a new change to its board, culminating in the appointment of Non-Executive Director John Jackson as the newest Chairman of its Remuneration Committee, who steps into the role with immediate effect, according to a recent regulatory filing by the London Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term (LSE).

With the elevation Mr. Jackson will effectively serve as the replacement for Non-Executive Director Paul Hewitt. Mr. Hewitt stepped into the role this past August, and has since chaired the board’s Risk and Compliance Committee and Remuneration Committee, while also sitting on the Audit Committee and Nominations Committee.

He succeeds Non-Executive Director Paul Hewitt who remains Chairman of the Risk and Compliance Committee, and a member of the Remuneration Committee, Audit Committee, and Nominations Committee.

Per the latest shakeup however, Mr. Jackson will oversee the chairmanship of Playtech’s Remuneration Committee, though Mr. Hewitt will retain his role over the Risk and Compliance Committee – additionally he will also remain a member of the Remuneration Committee, Audit Committee, and Nominations Committee.

In other news, Playtech’s Chairman Alan Jackson has stepped down as a member of the group’s Audit Committee as of earlier this week – despite the move, both Mr. Hewitt and Jackson will remain members on the Audit Committee in their present capacity.