New member of the board has an impressive track record in the investment industry
Sportech plc announced the appointment of a new non-executive director Wednesday, naming UK businessman Richard Maguire (49)
Maguire has served shareholders' interests in a number of UK public and private companies as Non-Executive Director and in other senior management positions.
Although spending most of his career within investment markets at leading global firms including HSBC, Salomon Brothers and Citigroup, he has in the last eight years rekindled his involvement in the racing, gaming and hospitality sectors, a Sportech statement informs.
He was Non-Executive Director at Mitchells and Butlers plc, one of the largest operators of restaurants, pubs and bars in the UK and Non-Executive Chairman of Timeweave plc, the joint owner of Turf TV, a dedicated TV channel providing horse racing TV pictures and data to Licensed Betting Offices (LBOs) in the UK and Ireland.
Maguire also brings additional corporate and investment experience from his time as a Managing Director at Tavistock Group where he led a number of takeovers and private company acquisitions.
Roger Withers, chairman of Sportech, said:
"I am delighted to welcome Richard to the Board as a Non-Executive Director. His experience and business knowledge will be of considerable benefit to the Group."
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