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Entain has experienced another round of executive departures, with Lachlan Fitt and Cameron Rodger stepping down from their respective roles within the company. Fitt, who served as Deputy Chief Executive and Chief Financial Officer (CFO) for Entain Australia, and Rodger, the Managing Director of Entain New Zealand, have both left the operator amid ongoing changes within the business.
Fitt’s departure marks the end of a six-year tenure at Entain Australia, having joined the company in 2018 and assuming the CFO position the following year. Before his time at Entain, he built a career in finance and wagering, previously working at Australian investment bank Macquarie Group and holding various roles at Tabcorp in both Sydney and London.
Rodger, meanwhile, took on the leadership of Entain New Zealand in 2023 following the company’s strategic partnership with Tab New Zealand in June of that year. His appointment came after more than 12 years spent within Tab New Zealand, bringing extensive industry experience to his role at Entain.
The news of these resignations comes in the wake of mounting regulatory challenges for Entain, particularly in Australia. In December, the Australian Transaction Reports and Analysis Centre (AUSTRAC) initiated civil penalty proceedings against Entain over alleged breaches of anti-money laundering and counter-terrorism financing (AML/CTF) regulations.
These latest executive exits follow closely after the departure of Entain Group CEO Gavin Isaacs, who resigned from his role after only five months in the position. While the decision was reportedly mutual, Gambling Insider understands that Entain’s strong B2C focus may have influenced Isaacs’ exit, given that his career background has primarily been in B2B operations.
With these significant leadership changes occurring in quick succession, Entain continues to navigate a period of transition both in Australia and New Zealand, as well as across its wider global operations.
By fLEXI tEAM
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