Andrew Gaughan resigns from Sportech

Andrew Gaughan, the CEO betting technology provider Sportech, has announced his resignation.

He will officially step down on 29 February 2019, “to pursue other interests.”

Non-executive chairman Richard McGuire assumes charge as interim executive chairman with immediate effect and is to relocate the group’s US base to Connecticut, which is seen as a key state for Sportech.

The group will now start the process of identifying and appointing a new CEO and also, an independent non-executive director.

McGuire said: “The board thanks Andrew for his significant contribution to the group, and for leading Sportech as CEO over the past year.  I will be working closely with Andrew in the coming months, and as of the end of February we wish him well for the future.”

“I have enjoyed my time at Sportech over the past eight years, and I leave the Group in a position of strength with an established core global betting technology business and well placed to take advantage of the opportunities that the US sports betting market presents.  I wish Sportech every success in the future.” – concluded Gaughan.