Global sports betting group Entain announced a leadership shake-up, confirming that long-serving finance chief Rob Wood will step down in 2026 after 13 years with the company.
Wood, who also serves as deputy CEO, will leave his role as Group Chief Financial Officer on March 6th, 2026, and exit the company in June after a transition period, the FTSE-listed group said.
Entain named Michael Snape as his successor. Snape, currently CFO of International Distribution Services, will join Entain as CFO-designate in February and take over as Group CFO and executive board director in March.
The company said Wood had been “central” to Entain’s growth and transformation into a global operator with strong positions in regulated markets.
Group CEO Stella David praised Wood’s contribution, saying his “expertise and dedication” had helped reshape the business. “We wish him all the very best for the next chapter of his career,” she said.
David said Snape brings more than two decades of senior finance and leadership experience across major international companies. Before IDS, he held senior roles at Walgreens Boots Alliance, Tesco, John Lewis Partnership’s Waitrose chain, and Sainsbury’s.
“I am delighted to be welcoming Michael to Entain,” David said. “His seasoned leadership and international experience will be invaluable as we continue to execute our strategic priorities.”
Wood said it had been “a privilege and a pleasure” to help drive Entain’s expansion. “With Entain’s and BetMGM’s pathway to long-term success well established, now is the right time for me to pass the reins on,” he said.
Snape said he was “thrilled” to join the company “at such an exciting time in its growth and transformation story”.
Entain said its year-to-date trading remains in line with market expectations and that full-year 2025 results will be released on March 5th, 2026.
