Rob Wood to depart Entain’s global business in early 2026

Entain’s chief financial officer and deputy chief executive Rob Wood will step down in 2026 after 13 years with the global sports betting and gaming group.

In the latest major executive change, Wood will leave the board in March and remain with the company until June to oversee a structured handover.

His successor, senior finance executive Michael Snape, will join as CFO designate in February before formally assuming the role and a board seat in March.

Entain chief executive Stella David praised Wood’s impact during a period of rapid expansion and strategic repositioning.

“Rob has made a tremendous contribution to the Group,” she said. “His expertise and dedication have helped us successfully transform into the global business we are today.”

Wood has been central during a time of recent change at Entain, with three CEOs in the space of two years,

Reflecting on his departure, he said: “It has been a privilege to be part of Entain’s growth over the last 13 years. 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.”

Snape is currently Group CFO of International Distribution Services, while his previous roles include senior finance leadership positions at Walgreens Boots Alliance, Tesco, Waitrose and Sainsbury’s.

David said Snape’s background made him an ideal fit for Entain’s next phase.

“His seasoned leadership, financial and operational expertise, and international experience will be invaluable as we continue to execute our strategic priorities,” she said.

Entain operates Ladbrokes and Neds brands in Australia and has a long-term partnership to operate TAB NZ.