Hill previously served as the business’ chief financial officer from 2018 to March 2023, after which time Paul Edgecliffe-Johnson replaced him in the role.
The move to replace Hill was made in order to maximize the benefits of Flutter’s global scale and support the strategic direction of the business.
Commenting on Hill’s new role in October, Flutter CEO Peter Jackson said he wished “to acknowledge Jonathan for all he has done for Flutter to date” and expressed his pleasure that the group will continue to benefit from Hill’s experience in establishing the new COO function.
Yesterday (27 April), Flutter shareholders voted to approve the company’s intention to seek an additional listing in the US, with a planned date of mid-Q4 2023.
The business has not yet confirmed whether it will attempt to list its shares on the NASDAQ stock market or New York Stock Exchange.
Flutter hopes that an additional US listing will enable the business to have deeper access to capital markets and US investors, enhance the company’s profile in North America, and improve the recruitment and retention of local talent.
Following the vote, Flutter will remain headquartered in Dublin and its status as an Irish incorporated public company is not set to change.
