London-listed gaming supplier Playtech has appointed Claire Milne as interim chairman effective 20 May 2020.
Milne has served as a non-executive director on the board of Playtech since July 2016. She now replaces outgoing chairman Alan Jackson, who previously announced his decision not to stand for re-election.
About Claire Milne
Claire Milne was appointed to the board at Playtech in July 2016. With a Masters degree from The John Hopkins University, Baltimore, and Milne is a member of The Law Society of Scotland. Moreover, Milne has over two decades of experience in advising gaming and financial services clients as an in-house practice lawyer.
Claire Milne chairs the Risk & Compliance Committee and sits on the Remuneration Committee, Audit Committee and Nominations Committee.
On 20th May 2020, Milne will assume the new position as the interim chairman. That will happen at a reduced annual remuneration of £232,000 and the 20% pay reduction for executive and non-executive directors. The change came into force on 1st April 2020 due to the coronavirus pandemic.
A Transitional Change
The interim appointment is also in response to the pandemic, which impacted the company’s ability to appoint a permanent chairman.
Milne provided her commentary. “The impact of the COVID-19 Pandemic has led us to temporarily pause the final stages of our recruitment process.” Happy to act as interim chairman, Milne looks to provide the necessary continuity ahead of the process.
The new interim chairperson at Playtech also went on to thank Alan Jackson for his service. Milne praised his enthusiasm and dedication to the business as a non-executive director since our IPO in 2006. Finally, she concluded by emphasizing his role as chairman in the past seven years.
The process to appoint a permanent chairman will conclude once the business and market environment go back to normal.
