Entain Parts Ways with CFO Rob Wood, Welcomes Michael Snape

Global sports betting and gaming giant Entain has unveiled major leadership changes due to the departure of Rob Wood, its group chief financial officer and group deputy CEO. The company acknowledged Wood’s incredible contributions and wished him all the best.

Rob Wood Exits Entain After 13 Years

According to Entain’s announcement, Wood will depart the company after 13 years on board. He is set to step down on March 6, 2026, but will remain around until June 2026 to ensure a smooth transition of responsibilities.

As mentioned, Wood is a longtime member of the Entain family who has made significant contributions to the business’s growth and strategic transformation. Entain called him a “valued member of the management team” and praised his involvement in shaping the company that Entain is today.

The gambling giant furthermore lauded Wood for helping the company reach “podium positions in attractive regulated markets.” Entain added that his departure leaves the business “well positioned to capitalize” on future opportunities.

Snape to Replace the Outgoing Wood

In the meantime, Entain announced the appointment of Michael Snape as the new group CFO. Snape will also be named executive director of Entain’s board and will step into the office on March 6, 2026. The company added that the appointee will be officially named as the CFO designate in February 2026.

According to Entain, Snape is a seasoned corporate veteran who has held a variety of finance-related leadership roles. With some 20 years of experience behind his back, Snape was applauded for his “proven track record of delivering financial, commercial and operational excellence across large, international companies operating in complex industries.”

Prior to joining the Entain family, Snape served at International Distribution Services (IDS), a global logistics business. During his time as IDS’s group CFO, Snape directed a variety of strategic initiatives, including IDS’s delisting and sale. His earlier experiences include five years as CFO of Boots at Walgreens Boots Alliance, as well as a stint as international CFO at Tesco.

CEO David Wished Wood All the Best & Hailed Snape’s Arrival

Stella David, Entain’s group chief executive officer, commented on the leadership changes. Before everything, she thanked Wood for his tremendous contributions to the group and highlighted his dedication to transforming Entain into a global business. David wished Wood all the best in his future endeavors.

At the same time, David was pleased to welcome Snape on board, hailing the addition of his leadership, financial and operational expertise to the company. David added that she is looking forward to working closely with him to continue expanding Entain’s business.

Wood also commented on the matter, saying that he was pleased to have had the opportunity to be a part of Entain for such a long time. Since he was pleased with the company’s progress, he decided that its stable operation provided him with the perfect time to pass the baton.

Last but not least, Snape commented on his appointment as group CFO and expressed excitement about the opportunity to join such a renowned global gaming leader.

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 concluded that the leadership change will not cause any changes to its FY 2025 forecasts.