Entain, a prominent gaming corporation, has appointed Ronald J. Kramer as an independent non-executive director, marking a significant addition to its board. Kramer, currently serving as Chairman and CEO of Griffon Corporation, brings over 40 years of expertise in corporate finance, real estate, and gaming to his new role.
Of notable significance is Kramer's tenure as president and director of Wynn Resorts from 2002 to 2008, where he played a pivotal role in shaping the company's strategic direction and operational success. Entain Chairman Barry Gibson expressed his satisfaction with Kramer's appointment, emphasizing his extensive knowledge and experience within the US gambling industry.
Gibson hailed Kramer as a highly qualified specialist whose insights and expertise will enhance the board's capabilities and contribute to the company's growth strategy. He expressed confidence that Kramer's appointment will drive shareholder value and complement Entain's ongoing efforts to execute its growth initiatives effectively.
Kramer's appointment comes at a crucial juncture for Entain, following the departure of former CEO Jette Nygaard-Andersen, as the company navigates its strategic direction. Currently under the stewardship of Stella David, Entain is focused on refining its strategy to maximize shareholder value, as evidenced by recent engagements with investors and analysts.
