Posted 3/14/11 : avid Lowden appointed as a non-executive director from 1 April 2011.
The board of William Hill plc has announced directorate changes effective on April 1st.
David Lowden is appointed a non-executive director. He was CEO of Taylor Nelson Sofres plc, a global market research and insight provider, from 2006 to 2009. Prior to that, he held the position of COO and Group Finance Director for the company and senior financial positions within international companies such as A.C. Nielsen and Federal Express. Lowden is a Chartered Accountant and provides recent and relevant financial experience.
David Allvey, who has served as a non-executive director since 2002, will retire from the Board shortly after the 2011 Annual General Meeting, which is scheduled for 12 May 2011. Allvey will be replaced as chairman of the Audit and Risk Management Committee by Lowden and as Senior Independent non-executive director by David Edmonds, who has been a non-executive director since 2005.
Gareth Davis, chairman of William Hill, commented: "I am delighted that David Lowden has agreed to join the William Hill board. His extensive experience with international companies will be an asset to the group as we pursue an agenda of innovation and international development.
"On behalf of the board, I would like to thank David Allvey for his many years' service to William Hill. His contribution has been invaluable during a period of significant development for the group from its flotation through the Stanley acquisition, which made William Hill the UK's number one bookmaker, to the establishment and development of William Hill Online."