Flutter Entertainment Appoints Stefan Bomhard as Non-Executive Director
New Appointment at Flutter Entertainment
Flutter Entertainment has welcomed Stefan Bomhard to its board as a non-executive director. Bringing a wealth of international business experience, Bomhard is expected to add valuable insight to the leadership of the gambling giant.
Background and Career Highlights of Stefan Bomhard
Prior to joining Flutter Entertainment, Stefan Bomhard has been serving as the chief executive officer and executive director of Imperial Brands. He plans to step down from his CEO role by the end of September and leave his executive directorship by the close of 2025.
Throughout his career, Bomhard has held several prestigious senior positions worldwide, including CEO of Inchcape. His professional journey also includes notable roles at companies like Bacardi Limited, Cadbury, Unilever Food Solutions Europe, Diageo, and Procter & Gamble.
In addition to his new role with Flutter, Bomhard is currently a non-executive director at Compass Group.
His appointment to Flutter’s board will officially begin on October 1, 2025.
Leadership’s Perspective on the Appointment
John Bryant, chair of Flutter Entertainment’s board, expressed that Bomhard’s addition is part of the company’s strategic board renewal. After an extensive search, the leadership was confident in Bomhard’s vast expertise and believed his experience in global markets will be a strong asset.
Bryant highlighted Bomhard’s deep knowledge in operating and managing prominent consumer brand businesses internationally, anticipating that his contributions will support Flutter’s future growth.
Update on Legal Challenge Involving FanDuel
Meanwhile, Flutter’s FanDuel brand recently saw a development in ongoing litigation in California concerning its daily fantasy sports activities. The lawsuit claimed that these contests violated various state laws including California’s Unfair Competition Law, the Consumer Legal Remedies Act, and criminal statutes.
However, the plaintiff has decided to withdraw the case for now, though it remains uncertain if this resolution will be permanent.
