Leadership Transition at Entain: CFO Rob Wood Steps Down, Michael Snape to Take Helm
Rob Wood to Step Down After a Distinguished 13-Year Tenure
Entain, a global leader in sports betting and gaming, has announced a significant change in its executive team following the decision of Rob Wood, the group CFO and deputy CEO, to leave the company. Wood has been a pivotal figure in Entain’s development and growth over the past 13 years.
Wood is scheduled to officially leave his role on March 6, 2026, but will continue working with Entain until June 2026 to ensure a smooth handover of his responsibilities. Throughout his tenure, Wood played a major role in the company’s expansion and strategic shifts, helping Entain secure strong positions in key regulated markets. The company recognized his valuable contributions and expressed confidence that Entain is well placed to manage future opportunities after his departure.
Michael Snape Appointed as New CFO
Entain revealed that Michael Snape will succeed Wood as the group’s new CFO and will also join the company’s board as an executive director. Snape is expected to start his new role on March 6, 2026, with the official designation announced in February 2026.
With nearly two decades of experience in finance leadership, Snape brings a wealth of expertise in managing complex international businesses. Before joining Entain, he was the group CFO for International Distribution Services (IDS), where he managed several strategic projects including the company’s delisting and sale. His previous roles also include CFO positions at Boots within Walgreens Boots Alliance and international CFO at Tesco.
Leadership Endorsements and Reflections
Stella David, Entain’s CEO, expressed her gratitude toward Rob Wood for his dedication and the instrumental role he played in transforming Entain into a global business. She extended her best wishes for his future endeavors.
David also welcomed Michael Snape, praising his leadership and operational acumen, and expressed enthusiasm for collaborating with him to drive Entain’s continued growth.
Wood reflected on his time at Entain with satisfaction, noting that the company’s strong performance provided an ideal moment for a leadership transition.
Michael Snape shared his excitement about joining Entain, emphasizing his commitment to contributing to the company’s ongoing success alongside the CEO, board, and leadership team.
“I am thrilled to be joining Entain at such an exciting time in its growth and transformation story. I look forward to working with Stella, the Board and the leadership team to deliver value for all Entain’s stakeholders.”
Michael Snape, incoming group CFO, Entain
Entain confirmed that this leadership change will not impact the company’s financial forecasts for the fiscal year 2025.
