Lowden new non-executive director
As of April 1, William Hill plc will see some changes in its directorate, it was announced on Mar. 14. According to reports from the gambling giant, a new non-executive director will be David Lowden, who came to Will Hill from Taylor Nelson Sofres plc, a global market research and insight provider, where he was a CEO from 2006 to 2009. As a Chartered Accountant, Lowden has an extensive financial experience from which the company can significantly benefit.
Also, a non-executive director since 2002, David Allvey, will be retiring after the Annual General Meeting, scheduled for 12 May 2011. As chairman of the Audit and Risk Management Committee, he will be replaced by Lowden, and as Senior Independent non-executive director by David Edmonds, who has been a non-executive director since 2005.
According to Will Hill Chairman Gareth Davis, "I am delighted that David Lowden has agreed to join the William Hill board. His extensive experience with international companies will be an asset to the group as we pursue an agenda of innovation and international development.
"On behalf of the board, I would like to thank David Allvey for his many years' service to William Hill. His contribution has been invaluable during a period of significant development for the group from its flotation through the Stanley acquisition, which made William Hill the UK's number one bookmaker, to the establishment and development of William Hill Online."