Betting and gaming operator group GVC Holdings has confirmed that non-executive director Karl Diacono has stepped down from the board after 10 years.
GVC chairman Lee Feldman said: “On behalf of all my GVC colleagues, I would like to thank Karl for his service and contribution over the last decade.
“He’s been with us through an exciting corporate journey and he will be missed. The board wishes him well for the future.”
Diacono (pictured), a Maltese citizen, joined the GVC board as a non-executive director in December, 2008, having previously served on the board of directors of Gaming VC Holdings. He is currently the CEO of Fenlex Corporate Services, a corporate service provider based in Malta.
He is a non-executive director of various trading and holding companies as well as other online gaming companies.
Diacono is also a director of a number of Maltese subsidiaries of the GVC Group, to which Fenlex provides certain administrative services.
In a statement, GVC said the board is currently in the process of selecting a new independent non-executive director with an announcement to me made in due course.
GVC operators some of the world’s biggest gambling brands, including Ladbrokes, bwin, Coral, Sportingbet, Gala, partypoker, PartyCasino and Foxy Bingo.
