Former Rank chief Birch in talks to run Ladbrokes-owner Entain
Henry Birch, the previous boss of Rank Group, is among the many candidates vying to run Entain, the FTSE-100 proprietor of Ladbrokes.Sky News has learnt that Mr Birch is considered one of a small variety of candidates being thought of by Entain to change Jette Nygaard-Andersen as its everlasting chief government.
The recruitment course of comes at a difficult time for Entain, which has been beset by boardroom upheaval and regulatory difficulties in numerous worldwide markets.Its inventory has halved within the final yr, leaving it with a market capitalisation of just below £5bn.This weekend, sources near the corporate confirmed that Mr Birch was a severe contender for the put up, though they mentioned others had been additionally in rivalry.
An appointment may nonetheless be ...