Nektan Chief Executive Lucy Buckley has Resigned with Immediate Effect as Executive Director Gary Shaw Steps Into Interim Basis Position
Nektan’s Chief Executive Lucy Buckley has stepped down from her position effect immediately. Buckley was appointed Chief Executive in October 2018. She joined the group from Inspired Entertainment where she spent eight years as Vice President of the Interactive Division. Buckley said she was leaving Nektan due to the company’s recent restructuring and said this was the “right moment” for her to step down from her position. Gary Shaw, the company’s Founder and Executive Director will take over Buckley’s position on an interim basis.
Buckley will remain “available” on the Board on a temp basis to ensure a smooth transition to a new “leadership structure” within the company Nektan said. Nektan thanked Buckley for her stewardship during changes the company seen with challenges made to the industry and in the UK market. Nektan said they are confident they have the drive to increase revenue growth across several divisions within the company and are excited to see their fast-growing B2B capitalize across the globe.
A profit warning was issued to investors back in June with Nektan reporting player deposits declining with the final quarter of the financial year. They reported a 14.8% increase in revenues thanks to its B2C and B2B divisions.