<< < > >>
| Full PDF report | Print this page |
Annual Report & Accounts 2012 - DIRECTORS
<< < > >>
GVC HOLDINGS PLC DIRECTORS Lee Feldman (age 45), Chairman, and non-executive director Lee joined the GVC Group in December 2004. He is the Managing Partner of Twin Lakes Capital, a private equity firm focused on branded consumer products, media and business services. He is also the CEO and a board member of both MacKenzie-Childs and Jay Strongwater, the American luxury home furnishings and personal accessories companies. Lee was named the CEO of MacKenzie-Childs when Twin Lakes led the acquisition of the business in May 2008 and was named the CEO of Jay Strongwater when Twin Lakes formed Jay Strongwater LLC in August 2011. He is also a member of the board of directors of both PacificHealth Labs and LRN Corporation. Prior to cofounding Twin Lakes, Lee was a partner in Softbank Capital Partners. He has a B.A and J.D. from Columbia University. Nigel Blythe-Tinker (age 62), Non-Executive Director - Chairman of the Remuneration Committee Nigel joined the GVC Board as a Non-executive Director from its admission to AIM in December 2004 and then served as Chairman from December 2004 to November 2006. He is currently a Non-executive Director of GVC. Nigel is a member of the Audit Committee and is the chairman of the Remuneration Committee. He is the Executive Chairman of Pentasia Limited (a recruitment business specialising in the gaming sector). He was previously a consultant and adviser to Coral Eurobet Limited. From 1999 to 2004 Nigel was Group Company Secretary and Head of Legal at William Hill plc. He was also a member of William Hill's Executive Management Committee and was involved in the trade sale and subsequent flotation of William Hill plc. Prior to this, he held various senior executive positions at Michael Page plc, Thorn Lighting Group plc, Framlington Group plc, Suter plc and The Rank Organisation plc. He holds a law degree and is a Fellow of the Institute of Chartered Secretaries and Administrators. Karl Diacono (age 50), Non-Executive Director - Chairman of the Audit Committee Karl joined the GVC Board as a Non-executive Director from December 2008, having previously served on the board of directors of Gaming VC Holdings S.A. He chairs the Audit Committee and serves on the Remuneration Committee. He holds a Masters Degree in Management and is currently CEO of Fenlex Corporate Services Limited, a corporate service provider based in Malta, and managing director of Impetus Europe Consulting Group. He is also a nonexecutive director of various trading and holding companies as well as other online gaming companies. He is actively involved in the hospitality industry. Karl is also a director of Gaming VC Corporation Limited, a Maltese subsidiary of the GVC Group to which Fenlex Corporate Services Limited also provides certain payroll and administrative services. He is a Maltese citizen. Kenneth J Alexander (age 44), Chief Executive Officer Kenneth joined GVC in March 2007 as Chief Executive, having previously served on the board of directors of Gaming VC Holdings S.A. from February 2007. He was formerly Finance Director, then Managing Director, of the European operations of Sportingbet plc, which he joined in 2000. He is a member of the Institute of Chartered Accountants of Scotland and previously worked for Grant Thornton. Richard Cooper (age 52), Group Finance Director Richard joined GVC in December 2008 as Group Finance Director, having previously served on the board of directors of Gaming VC Holdings S.A. from December 2008. He spent the early part of his career in the financial markets where he was finance director at the principal UK subsidiary of the Tullett and Tokyo Group (a forerunner of Tullett Prebon plc) and Chief Financial Officer at Fidelity Brokerage. He then undertook a number of restructuring roles, including working as finance director at Patsystems Group plc. In early 2005 he became a founder director of Trident Gaming plc which bought, developed and then sold the Gamebookers business. He is a qualified chartered accountant. He is a member of the Institute of Chartered Accountants in England and Wales, having trained and qualified with Saffery Champness in London. The Board aims to meet four times a year and more frequently if required. Committees of the Board The Board has both Audit and Remuneration Committees. The Audit Committee, currently chaired by Karl Diacono, is required to give its approval before the release of the annual report and accounts, the preliminary year-end statement and the interim financial statements. In addition to this the Committee is responsible for assessing the Group's internal controls, monitoring the independence of the Group auditors and assessing the Group's audit arrangements. The Remuneration Committee, currently chaired by Nigel Blythe-Tinker, reviews the remuneration packages of the Executive Directors and, is required by the board to review the bonus arrangements of any employee or consultant to the group. The Committee meets at least twice a year. See the Report of the Remuneration Committee on page 57 for further details. 3