Entain appoints Ronald J. Kramer as an independent Non-executive Director

British gambling firm Entain has announced the appointment of Ronald J. Kramer as an independent Non-executive Director with immediate effect.

Entain Chairman Barry Gibson said: “I am delighted to announce the appointment of Ron to the Board. He is a high-caliber individual with deep knowledge and expertise in the US gaming industry.

"I am confident that his appointment will add significant value to the Board and complement our existing Board dynamics, as we continue to deliver our strategy of growth and focus on shareholder value.”

Kramer brings extensive corporate finance, real estate and gaming industry experiences gained over a 40-year career, Entain said.

He is currently the Chairman and CEO of Griffon Corporation, a diversified management and holding company headquartered in New York, and serves on the Board of Douglas Elliman Inc., a residential brokerage company. 

Kramer was previously the President and Director of Wynn Resorts Limited between 2002 and 2008. He received a Bachelor of Science from Wharton School of the University of Pennsylvania in 1980 and an MBA from New York University in 1981.

"The Board has determined that Ronald J. Kramer is independent," said Entain. "In making that determination, the Board have concluded that there are no other relationships or circumstances which are likely to affect his judgement and that any relationships or circumstances which could appear to do so are not considered to be material."